Swift Corporation issues $5036000, 8%, 5-year bands dated January 1, 2020 on January 1, 2020. The bonds pay interest semiannualk on June 30 and December 31. The bonds are issued to yield 7%. What are the proceeds from the bond issue? Present value of a single sum for 5 periods Present value of a single sum for 10 periods Present value of an annuity for 5 periods Present value of an annuity for 10 periods 3.5% 4.0% 7% 8% 0.84197

Swifty Corporation issues $5050000,8%,5-year bonds dated January 1,2020 on January 1,2020. The bond5 pay interest serniannually on June 30 and Decernber 31 . The bonds are issued to yield 7%. What are the proceed 5 from the bond issue? $5258501 $5050000 $5260001 $5257686