Sharmer Company issues 5% 5-year bonds with a par value of $1,000,000 and semiannual interest payments. On the issue date, te annual market rate for these bonds is 6% What is the bond's issue selling price. assuming the following factors: Present Value Present n of an Annui ty alue ot $1 5% 10 3% 56% 10 3% 4. 3255 3. 7521 4. 2124 8.5302 0. 7835 0.7812 0. 7473 0, 7441 Multiple Choice $786745 $1,000,000 $1,213,255 957355 $1,250,000