Problem 1 Computation of bond issue price 15 points Dart lne. plans to issae $1,000,000 face value bonds with a stated interest rate of 10%. The market interest rate is 12% They will mature in 10 years. Interest will be paid annually at the end of each year. At the date of issuance, compute the present value (bond issae price) of the future cash flows. Following are appropriate factors from tables: Required Computation