Wildhorse Corp. issued $470,000 of 10-year, 5% bonds with interest payable semi-annually. How much did Wildhorse receive from the sale of these bonds if the market interest rate was (a) 4%, (b) 5%, and (c) 6%? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round final answer to 0 decimal places, e.g. 5,275.) Click here to view the factor table. Present Value of 1 Click here to view the factor table. Present Value of an Annuity of 1 (a) 4% $ (b) 5% $ (c) 6% $ Present Value Tables The present value may also be determined through tables that show the present value of 1 for n periods for different periodic interest rates or discount rates. In Table PV.1, the rows represent the number of discounting periods and the columns represent the periodie interest or discount rates. The five-digit decimal numbers in the respective rows and columns are the factors for the present value of 1. TABLE PV.1 Present Value of 1 PV = 1 (1 + i)" (n) Periods 1.5% 5% 9% 10% 1 2 3 4 5 6 7 8 9 10 2% 2.5% 0.98522 0.98039 0.97561 0.97066 0.96117 0.95181 0.95632 0.94232 0.92860 0.94218 0.92385 0.90595 0.92826 0.90573 0.88385 0.91454 0.88797 0.86230 0.90103 0.87056 0.84127 0.88771 0.85349 0.82075 0.87459 0.83676 0.80073 0.86167 0.82035 0.78120 0.84893 0.80426 0.76214 0.83639 0.78849 0.74356 0.82403 0.77303 0.72542 0.81185 0.75788 0.70773 0.79985 0.74301 0.69047 0.78803 0.72845 0.67362 0.77639 0.71416 0.65720 0.76491 0.70016 0.64117 0.75361 0.68643 0.62553 0.74247 0.67297 0.61027 3% 3.5% 0.97087 0.96618 0.96154 0.95238 0.94260 0.93351 0.92456 0.90703 0.91514 0.90194 0.88900 0.86384 0.888.49 0.87144 0.85480 0.82270 0.86261 0.84197 0.82193 0.78353 0.83748 0.81350 0.79031 0.74622 0.81309 0.78599 0.75992 0.71068 0.78941 0.75941 0.73069 0.67684 0.76642 0.73373 0.70259 0.64461 0.74409 0.70892 0.67556 0.61391 0.72242 0.68495 0.64958 0.58468 0.70138 0.66178 0.62460 0.55684 0.68095 0.63940 0.60057 0.53032 0.66112 0.61778 0.57748 0.50507 0.64186 0.59689 0.55526 0.48102 0.62317 0.57671 0.53391 0.45811 0.60502 0.55720 0.51337 0.43630 0.58739 0.53836 0.49363 0.41552 0.57029 0.52016 0.47464 0.39573 0.55368 0.50257 0.45639 0.37689 6% 7% 8% 0.94340 0.93458 0.92593 0.89000 0.87344 0.85734 0.83962 0.81630 0.79383 0.79209 0.76290 0.73503 0.74726 0.71299 0.68058 0.70496 0.66634 0.63017 0.66506 0.62275 0.58349 0.62741 0.58201 0.54027 0.59190 0.54393 0-50025 0.55839 0.50835 0.46319 0.52679 0.47509 0.42888 0.49697 0.44401 0.39711 0.46884 0.41496 0.36770 0.44230 0.38782 0.34046 0.41727 0.36245 0.31524 0.39365 0-33873 0.29189 0.37136 0.31657 0.27027 0.35034 0.29586 0.25025 0.33051 0.27651 0.23171 0.31180 0.25842 0.21455 11 0.91743 0.84168 0.77218 0.70843 0.64993 0.59627 0.54703 0.50187 0.46043 0.42241 0.38753 0.35553 0.32618 0.29925 0.27454 0.25187 0.23107 0.21199 0.19449 0.17843 0.90909 0.82645 0.75131 0.68301 0.62092 0.56447 0.51316 0.46651 0.42410 0-38554 0.35049 0.31863 0.28966 0.26333 0.23939 0.21763 0.19784 0.17986 0.16351 0.14864 12 13 14 15 16 17 18 19 20 TABLE PV.2 Present Value of an Annuity of 1 i) PV = PMT (n) Periods I 1.5% 2% 6% 8% 9% 10% 2 3 4 5 6 7 8 9 10 0.98522 1.95588 2.91220 3.85438 4-78264 5.69719 6.59821 7.48593 8.36052 9.22218 10.07112 10.90751 11.73153 12.54338 13-34323 14.13126 14.90765 15.67256 16.42617 17.16864 0.98039 1.94156 2.88388 3.80773 4.71346 5.60143 -47 7-32548 8.16224 8.98259 9.78685 10.57534 11.34837 12.10625 12.84926 13-57771 14.29187 14.99203 15.67846 16.35143 2.5% 0.97561 1.92742 2.85602 3.76197 4.64583 5.50813 6.34939 7.17014 7.97087 8.75206 9.51421 10.25776 10.98318 11.69091 12.38138 13.05500 13.71220 14-35336 14.97889 15.58916 3% 3-5% 0.97087 0.96618 1.91347 1.89969 2.82861 2.80164 3.71710 3.67308 4.57971 4.51505 5-41719 5.32855 6.23028 6.11454 7.01969 6.87396 7.78611 7.60769 8.53020 8.31661 9.25262 9.00155 9.95400 9.66333 10.63496 10.30274 11.29607 10.92052 11.93794 11.51741 12.56110 12.09412 13.16612 12.65132 13.75351 13.18968 14-32380 13.70984 14.87747 14.21240 0.96154 1.88609 2.77509 3.62990 4.45182 5.24214 6.00205 6.73274 7.43533 8.11090 8.76048 9.38507 9.98565 10.56312 11.11839 11,65230 12.16567 12.65930 13.13394 13-59033 5% 0.95238 1.85941 2.72325 3-54595 4.32948 5.07569 5.78637 6.46321 7.10782 7.72173 8.30641 8.86325 9-39357 9.89864 10.37966 10.83777 11.27407 11.68959 12.08532 12.46221 0.94340 1.83339 2.67301 3.46511 4.21236 4.91732 5.58238 6.20979 6.80169 7-36009 7.88687 8.38384 8.85268 9.29498 9.71225 10.10590 10.47726 10.82760 11.15812 11.46992 7% 0.93458 1.80802 2.62432 3-38721 4.10020 4.76654 5.38929 5.97130 6.51523 7.02358 7-49867 7.94269 8.35765 8.74547 9.10791 9.44665 9.76322 10.05909 10.33560 10.59401 0.92593 1.78326 2.57710 3-31213 3.99271 4.62288 5-20637 5.74664 6.24689 6.71008 7.13896 7.53608 7.90378 8.24424 8.55948 8.85137 9.12164 9.37189 9.60360 9.81815 0.91743 1.75911 2.53129 3.23972 3.88965 4.48592 5.03295 5.53482 5.99525 6.41766 6.80519 7.16073 7.48690 7.78615 8.06069 8.31256 8.54363 8.75563 8.95011 9.12855 0.90909 1.73554 2.48685 3.16987 3.79079 4-35526 4.86842 5-33493 5.75902 6.14457 6.49506 6.81369 7.10336 7-36669 7.60608 7.82371 8.02155 8.20141 8.36492 8.51356 11 12 13 14 15 16 17 18 19 20