0 Required information Use the following information for the Quick Study below. The following information applies to the questions displayed below. Enviro Company issues 10%, 10-year bonds with a par value of $260,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 12%, which implies a selling price of 88 112. QS 10-3A Computing bond price C2 Confirm that the bonds' selling price is approximately correct. Use present value Table B.1 and Table 8.3 in Appendix B. (Round all table values to 4 decimal places, and use the rounded table values in calculations.) x Price 88 1/2 Table Value Par Value Selling Price 260,000 Present Value $260,000 par (maturity) value $13,000 interest payment Price of Bond Difference due to rounding of table values