Waterhouse Company plans to issue bonds with a face value of $501 500 and a coupon rate of 10 percent. The bonds will mature in 10 years and pay interest saman every June 30 and December 31. All of the bonds are sold on January 1 of this year. (FV of $1. PV 51 EVA of $1. and PVA 51 Use the appropriate factors) from the tables provided Round your final answer to whole dollars.) Determine the issuance price of the bonds assuming an annual market rate of interest of 8 percent Issuance price