Requirement 1. Determine the present value of six-year bonds payable with face value of $84,000 and stated interest rate of 10%, paid semiannually. The market rate of interest is 10% at issuance. (Round intermediary calculations and final answer to the nearest whole dollar.) Present Value 84,000 When market rate of interest is 10% annually $ Requirement 2. Same bonds payable as in requirement 1, but the market interest rate is 16%. (Round intermediary calculations and final answer to the nearest whole dollar.) When market rate of interest is 16% annually Present Value Requirements 1. Determine the present value of six-year bonds payable with face value of $84,000 and stated interest rate of 10%, paid semiannually. The market rate of interest is 10% at issuance. 2. Same bonds payable as in Requirement 1, but the market interest rate is 16%. 3. Same bonds payable as in Requirement 1, but the market interest rate is 8%. Print Done