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Marwick Corporation issues 12%,5 year bonds with a par value of $1,030,000 and semiannual interest...

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Accounting

Marwick Corporation issues 12%,5 year bonds with a par value of $1,030,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 10%. What is the bond's issue (selling) price, assuming the following Present Value factors:
\table[[\table[[Present Value of an],[Annuity],[(series]],Present value of 1],[1n=,i=,of payments),(single sum),,],[5,12%,3.6048,0.5674,,],[10,6%,7.3601,0.5584,,],[5,10%,3.7908,0.6209,,],[10,5%,7.7217,0.6139,,]]
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$819,244
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