Question: Indigo Corporation issues ( $ 4 5 0 , 0 0 0 ) of ( 9 % ) bonds,

Indigo Corporation issues \(\$ 450,000\) of \(9\%\) bonds, due in 9 years, with interest payable semiannually. At the time of issue, the market rate for such bonds is \(10\%\).
Click here to view factor tables.
Compute the issue price of the bonds. (Round present value factor calculations to 5 decimal places, e.g.1.25124 and the final answer to 0 decimal places, e.g.58,971.)
Issue price of the bonds \$
Indigo Corporation issues \ ( \ $ 4 5 0 , 0 0 0 \

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