when the market rate of interest was 12%, Halprin Corporation issued present value tables below. The selling price of this bond issue was 501,000, 11%, 10-year bonds that pay interest annually. Use the Present Value of 1 Present Value of a Series of 1 Payments to Be Paid in the Future to Be Paid in the Future Periods 5% 6% 7% 10% Periods 5% 6% 7% 10% 0.95238 0.94340 0.93458 0.90909 0.95238 0.94340 0.93458 0.90909 2 0.907030.89000 0.87344 0.82645 1.73554 2.72325 2.67301 2.62432 2.48685 .16987 4.32948 4.21236 4.10020 3.79079 5.07569 4.91732 4.76654 4.35526 1.85941 1.83339 1.80802 0.863840.83962 0.81630 0.75132 0.82270 0.79209 0.76290 0.68301 4 3.54595 3.46511 3.38721 5 0.78353 0.74726 0.71299 0.62092 0.74622 0.70496 0.66634 056447 0.71068 0.66506 0.62275 0.51316 5.786375.58238 5.38929 4.86842 0.67684 0.62741 0.58201 0.46651 6.46321 6.20979 5.97130 5.33493 0.64461 0.59190 0.54393 0.42410 7.10782 6.80169 6.51523 5.75902 10 0.61391 0.55840 0.50835 0.38554 10 7.721747.36009 7.02358 6.14457 Periods 11.0% 11.5% 12.0% 12.5% Periods 11% 11.5% 12% 12.5% 0.90090 0.89686 0.89286 0.88889 0.90090 0.89686 0.89286 0.88889 1.71252 .70122 1.69005 1.67901 2.38134 3.037353.00564 7 2 0.81162 0.80436 0.79719 0.79012 0.73119 0.72140 0.71178 0.70233 0.65873 0.64699 0.63552 0.62430 2 2.44372 2.42262 2.40183 4 4 3.10245 3.06961 0.59345 0.58026 0.56743 0.55493 3.69590 3.64988 3.60478 3.5605 6 0.53464 0.52042 0.50663 049327 0.48166 0.46674 0.45235 043846 040388 0.38974 0.39093 0.37543 0.36061 0.34644 10 0.35218 0.33671 0.32197 0.30795 4.23054 4.17029 4.11141 4.05384 4.71220 4.63704 4.56376 4.49230 0.43393 041860 5.055644.96764 4.8820:5 5.53705 5.431065.32825 5.22849 10 5.88923 5.76777 5.65022 5.53643 5.14612 $472,691 $393,996 $501,000 $384,853