A company issued $6\%,10-$year bonds with a face amount of $$75$ million. The market yield for bonds of similar risk and maturity is $7\%.$

Interest is paid semiannually. At what price did the bonds sell?

Note: Do not round intermediate calculations and round you final answer to nearest whole dollar. Use tables, Excel, or a financial

calculator. $($FV of $$1,$ PV of $$1,$ FVA of $$1,$ PVA of $$1,$ FVAD of $$1$ and PVAD of $$1)$