SHOW ALL WORK!!!!! A company issues bonds with a par value of $800,000 on their issue date. The bonds mature in 5 years and pay 6% annual interest in two semiannual payments. On the issue date, the market rate of interest is 8%. Compute the price of the bonds on their issue date. The following information is taken from present value tables: A company issues bonds with a par value of $800,000 on their issue date. The bonds mature in 5 years and pay 6% annual interest in two semiannual payments. On the issue date, the market rate of interest is 8%. Compute the price of the bonds on their issue date. The following information is taken from present value tables:

Present value of an annuity for 10 periods at 3% 8.5302

Present value of an annuity for 10 periods at 4% 8.1109

Present value of 1 due in 10 periods at 3% 0.7441

Present value of 1 due in 10 periods at 4% 0.6756

Thank you soooo much