When the market rate of interest was 12%, Halprin Corporation issued $550,000, 11%, 5-year bonds that pay interest annually. The selling price of this bond issue was Use the following table, if needed. Present Value of $1 at Compound Interest 7% Periods Periods 2 5 6 7 9 3 8 9 1 10 10 1 5 7 8 5% 0.95238 0.90703 0.86384 0.82270 0.78353 0.74622 0.71068 0.67684 0.64461 0.61391 a. $530,175 b. $532,904 c. $778,013 d. $844.991 5% 0.95238 1.85941 2.72325 3.54595 4.32948 5.07569 6% 0.94340 0.89000 0.83962 0.79209 0.74726 0.70496 0.66506 0.62741 0.59190 0.55839 6% 0.94340 Present Value of an Annuity of $1 at Compound Interest 1.83339 2.67301 3.46511 4.21236 4.91732 0.93458 0.87344 5.58238 0.81630 0.76290 0.71299 0.66634 0.62275 0.58201 0.54393 0.50835 7% 0.93458 1.80802 2.62432 3.38721 4.10020 5.78637 5.38929 6.46321 6.20979 5.97130 7.10782 6.80169 7.72173 7.36009 4.76654 6.51523 10% 7.02358 0.90909 0.82645 0.75131 0.68301 0.62092 0.56447 0.51316 0.46651 0.42410 0.38554 10% 0.90909 1.73554 2.48685 3.16987 3.79079 4.35526 4.86842 5.33493 5.75902 12% 0.89286 0.79719 6.14457 0.71178 0.63552 0.56743 0.50663 0.45235 0.40388 0.36061 0.32197 12% 0.89286 1.69005 2.40183 3.03735 3.60478 4.11141 4.56376 4.96764 5.32825 5.65022

When the market rate or interest was \12, Halprin Corporation issued \\( \\$ 550,000,11 \\%, 5 \\) year bonds that pay interest annually. The selling price of this bond issue was - Use the following table, if needed: Present Value of \\( \\$ 1 \\) at Compound Interest Present Value of an Annuity of \\( \\$ 1 \\) at Compound Interest