18. LaFluer Corporation issued $400,000 of 15-year bonds on January 1. The A) bonds pay interest on January 1 and July 1 with a stated rate of 8 percent. If the market rate of interest at the time the bonds are sold is 6 percent, what will be the issuance price (approximate) of the bonds? $462,339 B) $478,406 C) $400,005 D) $385,246