when the market rate of interest was 12%, Halprin Corporation issued $460,000, 11%, 10-year bonds that pay interest annually. Use the present value tables below. The selling price of this bond issue was Present Value of 1 Present Value of a Series of 1 Payments to Be Paid in the Future to Be Paid in the Future 5% 7% 10% 10% 091340 0.93458 0.95238 0.89000 087344 082645 1.85941 183339 1.80802 .73554 0.83962 081630 0.75132 2.72325 267301 248685 0.82270 0.79209 0.76290 3.54595 3.46511 3.38721 3.16987 0.78353 0.74726 0.71299 421236 4,10020 3.79079 0.74622 0.70196 0.66634 5.07569 491732 4.76654 4.35526 0.71068 0.66506 052275 051316 5.78637 5.58238 5.38929 486842 0.67684 062741 058201 046651 5.97130 0.59190 0.42410 7.10782 680169 6.51523 0.61391 0.55840 0.30835 10 7,72174 7 36009 7,02358 6.14457