On January 1, 2020, Thrasher Inc. issued $100,000 of 10% coupon rate, 15-year bonds for an issue price implying a market (yield) rate of 8%. Semiannual interest is payable on June 30 and December 31 of each year. Following are some present value factors: Period Rate PV of Single Amount PV of Ordinary Annuity. 15 8% .315 8.559 15 10% .239 7.606 30 4% .308 17.292 30 5% .231 15.372 What was the issue price of the bonds? O $104,311 O $109,588 O $117,260 O $113,638