Selected balance sheet and income statement information from Version Communications Inc. follows $($for balance sheet accounts, the numbers are the balances at the end of the year$).$ $ millions $20182017$ Current assets $34,63629,913$ Current liabilities $37,93033,037$ Total liabilities $382,308391,875$ Equity $54,71044,687$ Earnings before interest and taxes $22,27827,425$ Interest expense, gross $4,8334,733$ Net cash flow from operating activities $34,33924,318.7.$ What is the present value of $$120,000$ received $10$ years from now if the annual interest is $10\%$ compounded semi$-$annually? a$.46,265$ b$.45,227$ c$.46,213$ d$.45,2108.$ Abbington Inc. issues bonds with face value $$700,000,$ coupon rate $9\%($paid semi annually$),$ which mature in $10$ years. If the market interest rate is $8\%$ per year compounded semi$-$annually, the issue price would be: