what is the present value?

Stilton Hotels Ltd. issued 10-year bonds on November 1, 2020, to finance the purchase of several new hotels. The bonds pay interest semi-annually on April 30 and October 31 every year. Stilton Hotels decided to retire some of the bonds on June 1, 2022. Sulton Hotels follows IFRS Other information pertaining to the issuance of the bends follows: Face value of bonds S 1,111 000 Coupon rate 99 Effective interest rate HIM Percentage of bond issue that was retired Price at which retired bonds were repurchased Assume that Stilton Hotels has a December 31 year end, and that the company days any interest accrued at the time debt is retired Required