Using the answer space below, calculate the selling price for each of the following bonds: SHOW CALCULATIONS

(a)	5% bonds with a par value of $100,000 due in 5 years, paying interest on January 1 and July 1 each year, issued at par.

(b)	Bonds with face value of $500,000, due in 10 years, paying 7% interest semi-annually, issued at par.

(c)	Bonds with a face value of $1,000,000 and a coupon rate of 10%, issued to yield 12%, due in 10 years, paying interest semi-annually.

(d)	8% bonds with a par value of $5,000,000 due in 5 years, paying interest on January 1 and July 1 each year, issued to yield 6%