The following terms relate to independent bond issues:
a. 500 bonds; $1,000 face value; 8% stated rate; 5 years; annual interest payments
b. 500 bonds; $1,000 face value; 8% stated rate; 5 years; semiannual interest payments
c. 800 bonds; $1,000 face value; 8% stated rate; 10 years; semiannual interest payments
d. 2,000 bonds; $500 face value; 12% stated rate; 15 years; semiannual interest payments
Required
Assuming the market rate of interest is 10%, calculate the selling price for each bond issue.