Question: Seved Help Save & Et Roman Destinations issues bonds due in 15 years with a stated interest rate of 4% and a face value of

Seved Help Save & Et Roman Destinations issues bonds due in 15 years with a stated interest rate of 4% and a face value of $580.000. Interest payments are made semi-annually. The market rate for this type of bond is 3%. Using present value tables, calculate the issue price of the bonds (EV of $1 PV of $1. EVA of $1. PVA O S1, EVAD of $1 and PVAD of $1(Use appropriate factor(s) from the tables provided.) Multiple Choice $580,000 5519,298 $649645 $383,891 G . O

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