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A company issued 7% 20-year bonds with a face amount of $82 million. The market yield for bonds of similar risk and maturity is 8%

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A company issued 7% 20-year bonds with a face amount of $82 million. The market yield for bonds of similar risk and maturity is 8% Interest is paid semiannually. At what price did the bonds sell? (EV. of $1. PV of $1. FVA of S1. PVA of S1. FVAD of 51 and PVAD of $1 (Enter your answer in whole dollars.) Price blonda

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