This quiz: 30 point(s) possible < Question 5 of 13 > This question: 2 point(s) possible Submit quiz On December 31, 2024, when the market interest rate is 12%, Randall Realty issues $400,000 of 9.25%, 10-year bonds payable. The bonds pay interest semiannually. Determine the present value of the bonds at issuance. (Round all currency amounts to the nearest whole dollar.) (Click the icon to view Present Value of $1 table.) Annuity of $1 table.) (Click the icon to view Future Value of $1 table.) of $1 table) (Click the icon to view Present Value of Ordinary (Click the icon to view Future Value of Ordinary Annuity The present value of the bonds at issuance amounts to