Question: Kingbird Corporation issues ( $ 6 3 0 , 0 0 0 ) of ( 9 % ) bonds,

Kingbird Corporation issues \(\$ 630,000\) of \(9\%\) bonds, due in 11 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.)
Kingbird Corporation issues \ ( \ $ 6 3 0 , 0 0 0

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