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Dn January 1, a company issued bonds with a par value of $400 , 000 . The bonds mature in 3 years and have a

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Dn January 1, a company issued bonds with a par value of $400 , 000 . The bonds mature in 3 years and have a contract rate of 10\%. nterest is paid semiannually on June 30 and December 31 and the market rate is 11% . Using the present value factors below, the issue selling) price of the bonds is: $410 , 010 . $389 , 990 . $400 , 000 . $99 , 910 . $290 , 080

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