The face value is $84,000 the stated rate is 10%, and the term o the bond is eight years. The bond pays interest sem annually. At the time o ssue, the market rate is 8%, what is the present value o the bond at the issue date? 4% 5% 6% 7% 8% 15 0.555 0.481 0.417 0.362 0.315 16 0.534 0.458 0.394 0.339 0.292 17 0.513 0.436 0.371 0.317 0.270 18 0.494 0.416 0.350 0.296 0.250 19 0,475 0.396 0.331 0.277 0.232 496 5% 6% 7% 8% 15 11.118 10.380 9.712 9.108 8.559 16 11 652 10A3R 10 1069447AA5 16 0.534 0.458 0.394 0.339 0.292 17 0.513 0.436 0.371 0.317 0.270 18 0.494 0.416 0.350 0.296 0.250 9 0.475 0.396 0.331 0.277 0.232 Present value of ordinary annuity of $1 49, 5% 6% 7% 8% 15 11.118 10.380 9.712 9.108 8.559 16 11.652 10.838 10.106 9.447 8.851 17 12.166 11.274 10.477 9.763 9.122 18 12.659 11.690 10.828 10.059 9.372 19 13.134 12.085 11.158 10.336 9.604 OA. $93,794 . $86,856 O c. $48,938 O D. $44,738