Requirements 1. Determine the present value of five-year bonds payable with face value of $85,000 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 - Interest rates determine the present value of future amounts. (Round to the nearest dollar.) (Click the icon to view Present Value of $1 table.) Annuity of $1 table.) (Click the icon to view Future Value of $1 table.) Annuity of $1 table.) Read the equirements (Click the icon to view Present Value of Ordinary (Click the icon to view Future Value of Ordinary Requirement 1. Determine the present value of five-year bonds payable with face value of $85,000 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.) When market rate of interest is 10% annually Present Value $ 85,000 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