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Waldron Corporation issued $750,000 of 14%, 10-year bonds payable on January 1, 2022. The market interest rate at the date of issuance was 12%, and

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Waldron Corporation issued $750,000 of 14%, 10-year bonds payable on January 1, 2022. The market interest rate at the date of issuance was 12%, and the bonds pay interest semiannuaily (on June 30 and December 31) Waldron Corporation's year-end is June 30 Read the requirements CHILD 1. Using the PV function in Excel, calculate the issue price of the bonds (Round your answer to the nearest whole dolar) The issue price of the bonds is

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