Use the factors below to answer this Question:

$$

$2\%$

$4\%$

$5\%$

$10\%$

Present value$-$single sum$-5$ periods

$0\mathrm{.}90573$

$0\mathrm{.}82193$

$0\mathrm{.}78353$

$0\mathrm{.}62092$

Present value$-$single sum$-10$ periods

$0\mathrm{.}82035$

$0\mathrm{.}67556$

$0\mathrm{.}61391$

$0\mathrm{.}38554$

Present value$-$ordinary annuity$-5$ periods

$4\mathrm{.}71346$

$4\mathrm{.}45182$

$4\mathrm{.}32948$

$3\mathrm{.}79079$

Present value$-$ordinary annuity$-10$ periods

$8\mathrm{.}98259$

$8\mathrm{.}11090$

$7\mathrm{.}72173$

$6\mathrm{.}14457$

$$

On January $1,2025,$ Fox Co$.$ issued $5-$year bonds in the amount of $$200,000.$ The bond stated interest rate is $10\%,$ payable semi$-$annually. The market rate of interest for similar bonds is $4\%.$ What is the approximate purchase price of this bond issuance?

Group of answer choices

$$253,896$

$$194,956$

$$183,455$

$$247,669$

$$

Flag question: Question $26$

Question $26$