2. Use the present value tables to calculate the issue price of a $500,000 bond issue in each of the following independent cases. Assume that the bond was issued on January 1, 2010 and that interest is paid quarterly on March 31 , June 30 September 30 and December 31 . A) A 10-year, 8 percent bond issue; the market interest rate is 12 percent B) A 10-year, 12 percent bond issue; the market interest rate is 8 percent C) A 5-year, 12 percent bond issue; the market interest rate is 8 percent D) A 5-year, 8 percent bond issue; the market interest rate is 12 percent 2. Use the present value tables to calculate the issue price of a $500,000 bond issue in each of the following independent cases. Assume that the bond was issued on January 1, 2010 and that interest is paid quarterly on March 31 , June 30 September 30 and December 31 . A) A 10-year, 8 percent bond issue; the market interest rate is 12 percent B) A 10-year, 12 percent bond issue; the market interest rate is 8 percent C) A 5-year, 12 percent bond issue; the market interest rate is 8 percent D) A 5-year, 8 percent bond issue; the market interest rate is 12 percent