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Ultimate power off on his shoes 5% 10 year bonds with the face amount of $52,000. The market interest rate for bonds of a similar

Ultimate power off on his shoes 5% 10 year bonds with the face amount of $52,000. The market interest rate for bonds of a similar risk maturity is 4%. interest is called semiannually. at what price will the bonds issue? image text in transcribed
Ultimate Butter Popcom issues 5%, 10-year bonds with a face amount of $52,000. The market interest rate for bonds of similar risk and maturity is 4%. Interest is paid semiannually. At what price will the bonds Issue? (FV of $1. PV of $1. FVA of $1, and PVA of SD) (Use appropriate factor(s) from the tables provided. Do not round Interest rate factors. Round "Market interest rate" to 1 decimal place.) Amount $ 52,000 Bond Characteristics Face amount Interont payment Market interest rate Periods to maturity sue price

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