On January 1, 2019, Jason Company issued $4.7 million of 9-year bonds at a 9% coupon interest rate to be paid annually. The following present value factors have been provided: Time PV of a $1 Period Interest Annuity PV of $1 0.460 9 9% 5.995 9 7% 0.544 6.515 9 11% 0.391 5.537 Calculate the issuance price if the market rate of interest is 11%. Multiple Choice $4,222,351. $4,179,851. $4,172,351. On January 1, 2019, Jason Company issued $5.14 million of 10-year bonds at a 10% coupon interest rate to be paid annually. The following present value factors have been provided: Time Period 10 Interest 10% PV of $1 0.386 PV of a $1 Annuity 6.140 10 8% 0.463 6.710 10 12% 0.322 5.650 Calculate the issuance price if the market rate of interest was 10%. Multiple Choice O O O $5,828,760. $4,559,180. $5,140,000. $4,888,140