x S12A-14 (similar to) Question Help On December 31, 2018, when the market interest rate is 12%, Lee Realty issues $800,000 of 9.25%, 10-year bonds payable. The bonds ay interest semiannually. Determine the present value of the bonds at issuance. (Round all currency amounts to the nearest whole dolla (Click the icon to view Present Value of $1 table.) 3 (Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the icon to view Future Value of $1 table.) (Click the icon to view Future Value of Ordinary Annuity of $1 table.) The present value of the bonds at issuance amounts to $ i Reference Present Value of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 16% 18% 0.990 0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.893 0.877 0.870 0.862 0.847 0.980 0.961 0.943 0.925 0.907 0.890 0.873 0.857 0.842 0.826 0.797 0.769 0.756 0.743 0.718 0.971 0.942 0.915 0.889 0.864 0.840 0.816 0.794 0.772 0.751 0.712 0.675 0.658 0.641 0.609 0.961 0.924 0.888 0.855 0.823 0.792 0.763 0.735 0.708 0.683 0.636 0.592 0.572 0.552 0.516 0.951 0.906 0.863 0.822 0.784 0.747 0.713 0.681 0.650 0.621 0.567 0.519 0.497 0.476 0.437 0.942 0.888 0.837 0.790 0.746 0.705 0.666 0.630 0.596 0.564 0.507 0.456 0.432 0.410 0.370 0.933 0.871 0.813 0.760 0.711 0.665 0.623 0.583 0.547 0.513 0.452 0.400 0.376 0.354 0.314 0.923 0.853 0.789 0.731 0.677 0.627 0.582 0.540 0.502 0.467 0.404 0.351 0.327 0.305 0.266 0.914 0.837 0.766 0.703 0.645 0.592 0.544 0.500 0.460 0.424 0.361 0.308 0.284 0.263 0.225 0.905 0.820 0.744 0.676 0.614 0.558 0.508 0.463 0.422 0.386 0.322 0.270 0.247 0.227 0.191 0.896 0.804 0.722 0.650 0.585 0.527 0.475 0.429 0.388 0.350 0.287 0.237 0.215 0.195 0.162 0.887 0.788 0.701 0.625 0.557 0.497 0.444 0.397 0.356 0.319 0.257 0.208 0.187 0.168 0.137 1 Reference Dof 13 | 0.879 | 0.773| 0.681| 0.601|0.530| 0.469 | 0.415 0.368| 0.326 | 0.290 | 0.229 | 0.182| 0.163 0.145|0.116 14 10.870 0.75810.661| 0.577|0.505 0.442] 0.388|0.340 0.299 | 0.263 0.205 0.160 | 0.14110.125 0.099 | 0.861| 0.743| 0.642 | 0.555| 0.481| 0.417 0.362 | 0.315 0.275| 0.239| 0.183| 0.140| 0.123| 0.108| 0.084 16 10.8530.728|0.623|0.534 0.458|0.394 0.339 0.292 0.25210.218|o.163|o.1230.107 0.0930.071 10.844 | 0.7140.605|0.513|0.436 0.37110.31710.270 0.23110.1980.146 0.108|0.09310.080 | 0.060 | 0.836 | 0.700|0.587 | 0.494 | 0.416 0.350 | 0.296 0.250| 0.212] 0.180 | 0.130| 0.095 | 0.081| 0.069 | 0.051 | 0.828 | 0.686 | 0.570 0.475 0.396 | 0.331 0.277|0.232 | 0.194 | 0.164 | 0.116 | 0.083 | 0.070 | 0.060 0.043 10.820 0.673 0.554 | 0.456 0.377 0.312| 0.258| 0.215| 0.178 0.149 | 0.104 | 0.073| 0.061| 0.051| 0.037 | 0.8110.660|0.538|0.439|0.359 | 0.294 | 0.242 0.199|0.164 | 0.135|0.093|0.064 | 0.05310.044 | 0.031 0.80310.647 10.522 0.422 0.34210.278|0.226 0.184 | 0.150 0.12310.08310.056 0.046| 0.038| 0.026 10.795 0.634 | 0.50710.406 0.326 0.262 0.211| 0.170 0.138|0.11210.074| 0.049|0.040 0.033 0.022 0.788|0.622 0.492|0.390| 0.310| 0.24710.197 10.158|0.12610.102 | 0.066|0.043 0.035 | 0.028|0.019 | 0.780 | 0.610| 0.478 | 0.375 0.295 | 0.233 0.184 | 0.146| 0.116 | 0.092 | 0.059 | 0.038 0.030 | 0.024 | 0.016 10.772|0.598|0.464 | 0.361| 0.281| 0.220 0.172|0.135|0.106 | 0.084 | 0.053|0.033|0.026|0.021| 0.014, 1 SII I AAlso loooooooooooool 466MB0%" i Reference - X 19 20 21 26 0.828 0.686 0.570 0.475 0.396 0.331 0.277 0.232 0.194 0.164 0.116 0.083 0.070 0.060 0.043 | 0.820 0.673 0.554 0.456 0.377 0.312 0.258 0.215 0.178 0.149 0.104 0.073 0.061 0.051 0.037 0.811 0.660 0.538 0.439 0.359 0.2940.242 0.1990.164 0.135 0.093 0.064 0.053 0.044 0.031 0.803 0.647 0.522 0.422 0.342 0.278 0.226 0.184 0.150 0.123 0.083 0.056 0.046 0.038 0.026 0.795 0.634 0.507 0.406 0.326 0.262 0.211 0.170 0.138 0.112 0.074 0.049 0.040 0.033 0.022 0.788 0.622 0.492 0.390 0.310 0.247 0.197 0.158 0.126 0.102 0.066 0.043 0.035 0.028 0.019 0.780 0.610 0.478 0.375 0.295 0.233 0.184 0.146 0.116 0.092 0.059 0.038 0.030 0.024 0.016 0.772 0.598 0.464 0.361 0.281 0.220 0.172 0.135 0.106 0.084 0.053 0.033 0.026 0.021 0.014 0.764 0.586 0.450 0.347 0.268 0.207 0.161 0.125 0.098 0.076 0.047 0.029 0.023 0.018 0.011 0.757 0.574 0.437 0.333 0.255 0.196 0.150 0.116 0.090 0.069 0.042 0.026 0.020 0.016 0.010 0.7490.563 0.424 0.321 0.243 0.185 0.141 0.107 0.082 0.063 0.037 0.022 0.017 0.014 0.008 0.742 0.552 0.412 0.308 0.231 0.174 0.131 0.099 0.075 0.057 0.033 0.020 0.015 0.012 0.007 0.672 0.453 0.307 0.208 0.142 0.097 0.067 0.046 0.032 0.022 0.011 0.005 0.004 0.003 0.001 0.608 0.372 0.228 0.141 0.087 0.054 0.034 0.021 0.013 0.009 0.003 0.001 0.001 0.001 50 Print Done