Marwick corporation issues 15%, 5 year bonds with a par value of $1,070,000 and semiannual interest payments. on the issue date, the annual market rate for these bonds is 13%. what is the bond's issue (selling) price, assuming the present value of $1 factor for 6.5% and 10 semi-annual periods is 0.5327 and the present value of an annuity factor for the same rate and period is 7.1888?

Which of the following is likely not a benefit of requiring a grand jury to listen to and examine all of the evidence against a person suspected of committing a serious crime and then independently deciding whether or not to hand down an indictment? 1.the grand jury system provides the accused another safeguard against being sent to trial and facing conviction based on flawed evidence. 2.the members of the grand jury are drawn from the community and are empowered to render independent decisions about whether or not the government has collected enough evidence to bring an individual to trial. 3.the grand jury’s decision can provide prosecutors insight into what is necessary to build a sufficient case if a similar crime is presented later. 4.the grand jury is impaneled to rubber-stamp prosecutors’ cases, which makes it possible for more cases to reach trial.