Question: Marwick Corporation issues 10%,5 year bonds with a par value of $1,010,000 and semiannual interest payments; On the issue date, the annuat market rete for

Marwick Corporation issues 10%,5 year bonds with a par value of $1,010,000 and semiannual interest payments; On the issue date, the annuat market rete for these bonds is 8%. What is the bond's issue (seliingl price, assuming the following Present Value factors: $799,244 $1,091,956 $600,400 $1,419,600 $1,010,000
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