The following information applies to the questions displayed below] On January 1 of this year, Nowell Compeny issued bonds with a face value of when the bonds were sold the ernal market rate of interest was 75 percent. Ey ofS and a coupon rate of 75 percent. The bonds mature in five yeers and pay interest semiennuelly every June 30 and December 31 Py B A SL and PVA of (Use the appropriate facto ts, from tables provided.) 0.71 points 1. What was the issue price on January 1 of this year? 0.71 points