What is the market price or purchase price of the bonds? * On January 1, 2018, ABC Company purchased 5-year bonds with face amount of P8,000,000 and stated of 10% per year payable semiannually on June 30 and December 31 The bonds were acquired to yield 8%. Present value of an annuity of 1 for 10 periods at 5% 7.72 Present value of an annuity of 1 for 10 periods at 4% Present value of 1 for 10 periods at 4% 0.6756 8.11 O 7,382,400 O 8,617,600 8,648,800 O 7,351,200