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The foce value of a bond is $50,000, its stated rate is 6% and the term of the bond is five years. The bond pays

The foce value of a bond is $50,000, its stated rate is 6% and the term of the bond is five years. The bond pays interest semiarnually. At the time of issue, the market rate is 8%. What is the present value of the borids at issuance? Present value of \$1: Present value of ordinary annuity of \$1: A. 546,029 B. 549,986 C. 545,967 0,551,500

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