a calculate the issue price of the bonds

Current Attempt in Progress On January I, 2024, Cullumber Ltd. issued bonds with a maturity value of $6.70 million when the market rate of interest was 4%. The bonds have a coupon (contractual) interest rate of 5% and mature on January 1, 2034. Interest on the bonds is payable semi-annually on July I and January I of each year. The company's year end is December 31. Click here to view the factor table. Present Value of I Click here to view the factor table. Present Value of an Annuity of I (a) Your answer is incorrect. Calculate the issue price of the bonds. (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round final answer to O decimal places, e.g. 5,275.)