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S14A-14 (similar to) Question Help  On December? 31, 2018?, when the market interest rate is 10?%, McMann Realty issues $500,000 of 7

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S14A-14 (similar to) Question Help 

On December? 31, 2018?, when the market interest rate is 10?%, McMann Realty issues $500,000 of 7.25?%, 10?-year bonds payable. The bonds pay interest semiannually. Determine the present value of the bonds at issuance. ?(Round all currency amounts to the nearest whole? dollar.)