A company issued

7%,20

-year bonds with a face amount of

$72

million. The market yield for bonds of similar risk and maturity is

8%

. Interest is paid semiannually. Al 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. (EV of

$1

. PV of

$1

. EVA of

$1

. PVA of

$1

. EVAD of

$1

and PVAD of

$1

)\ Price of bonds

A company issued 7%,20-year bonds with a face amount of 572 million. The market yield for bonds of similar risk and maturity is 8%. 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. (EV of \$1. PV of S1. EVA of S1. PVA of \$1. EVAD of S1 and PVAD of S1) Price of bonds