Question 1 of 8 071 !!! Show Attempt History Current Attempt in Progress X Your answer is incorrect. Riverbed Corporation issues $ 440,000 of 12% bonds that are due in 12 years and pay interest semi-annually. At the time of issue, the market rate for such bonds is 10%. Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1. Calculate the bonds'issue price by using (1) factor Tables A.2 and A.4, (2) a financial calculator, or (3) Excel function PV. (Hint: Refer to Chapter 3 for tips on calculating.) (For calculation purposes, use 5 decimal places as displayed in the factor table provided and round final answer to O decimal places, e.g. 5,275.) Issue price of bond $ 500727 e Textbook and Media Save for Later Attempts: 1 of 3 used Submit