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The following terms relate to independent bond issues: a. 500 bonds; $1, 000 face value; 8% stated rate; 5 years; annual interest payments b. 500

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The following terms relate to independent bond issues: a. 500 bonds; $1, 000 face value; 8% stated rate; 5 years; annual interest payments b. 500 bonds; $1, 000 face value; 8% stated rate; 5 years; semiannual interest payments c. 800 bonds; $1, 000 face value; 8% stated rate; 10 years; semiannual interest payments d. 2, 000 bonds; $500 face value; 12% stated rate; 15 years; semiannual interest payments Required Assuming the market rate of interest is 10%, calculate the selling price for each bond issue

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