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The following information pertains to Camp Corp's issuance of bonds on July 1, 20x5: Face amount Term Stated interest rate Interest payment dates Yield $800,000

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The following information pertains to Camp Corp's issuance of bonds on July 1, 20x5: Face amount Term Stated interest rate Interest payment dates Yield $800,000 10 years 6% Annually on July 1 9% At 9% 0.422 Present value of 1 for 10 periods Future value of 1 for 10 periods Present value of ordinary annuity of 1 for 10 periods At 6% 0.558 1.791 7.360 2.367 418 What should be the issue price for each $1,000 bond? $700 $864 $1,000 $807

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