Given below are the present value factors for $1.00 discounted at 10% for one to five periods. Each of the items 35 to 37 is based on 10% interest compounded annually. Present Value of $1 Periods Discounted at 10% per Period 1 0.909 2 0.826 3 0.751 4 0.683 5 0.621 JIN Corp. issues a bond on January 1, 2017. The terms of the bond are three year, $10,000, 8% interest rate. How much is the bond price at the issuance date? Group of answer choices

$10,000 0.751

$10,000

($800 0.909) + ($800 0.826) + ($10,000 0.751)

($800 0.909) + ($800 0.826) + ($10,800 0.751)