Ten-years bonds payable with face value of $91,000 and started interest rate of 10%, paid semiannually. the market rate of interest is 10% at issuance. the present value of the bonds at issunace is $91,000. Same bonds payable as in assumption 1, but the market interest rate is 14%. The present value of the bonds at issuance is $71,681. Same bonds payable as in assumption 1. But the market interest rate is 8%. The present value of the bonds at issunace is $103,331