Chapser 14 Problem Solving Honm Problem Solving Homework Required information The following information applies to the questions displayed below Enviro Company issues 8%, 10-year bonds with a par value of $300,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 10%, which implies a selling price of 87 V2. Confirm that the bonds' selling price is approximately correct. dse present value TableBI and Table 2 in Appendix E. (Round a table values to 4 decimal places, and use the rounded table values in calculations.) 87 1/2 300,000 par (maturity) value $12,000 interest payment Price of Bond Difference due to rounding of table values C Prev 2 or 7 Next> 2 8 0