Question: Thank you! Please provide explanation on why the answer is correct. Multiple Choice Question 29 waterway Industries issued $107000 of ten-year, 10% bonds that pay

Thank you! Please provide explanation on why the answer is correct.

Multiple Choice Question 29 waterway Industries issued $107000 of ten-year, 10% bonds that pay interest semiannually. The bonds are sold to yield 8% One step in calculating the issue price of the bonds is to multiply the face value by the table value for 10 periods and 8% from the present value of 1 table O 10 periods and 10% from the present value of 1 table O 20 periods and 4% from the present value of 1 table O 20 periods and 596 from the present value of 1 table

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