The face value is 562.000, the stated rate is 10%, and the term of the bond is eight years. The bond pays Interest semiannually. At the time of issue, the market rate is 8%. What is the present value of the bond at the issue date? Present value of $1: 5% 7% 8% 15 0.555 0.481 0.417 0.362 0.315 16 0.534 0.458 0.394 0.3390292 17 0.513 0436 0.371 0.317 0270 18 0.494 0416 0.350 0296 0250 19 0.475 0.396 0.331 0277 0232 O A $47.773 OB. $84,788 OC. $91,561 OD. 543,673 V.IV . 19 0.475 0.396 0.331 0.232 0.277 Present value of ordinary annuity of $1: 4% 5% 6% 7% 8% 15 11.118 10.380 9.712 9.108 8.559 16 11.652 10.838 10.106 9.447 8.851 17 12.166 11.274 10.477 9.763 9.122 18 12.659 11.690 10.828 10.059 9.372 19 13.134 12.085 11.158 10.336 9.604 O A. $47,773 OB. $84,788 O C. $91,561 OD. $43,673 Click to select your