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Blossom Corp. itsued 5370,000 of 3 year, 4% bonds on May 1, 2024. The market interest rate when the bonds were issued was 8%, Interest

Blossom Corp. itsued 5370,000 of 3 year, 4% bonds on May 1, 2024. The market interest rate when the bonds were issued was 8%, Interest is pryable quarterly. Determine the price of the bond. (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round final answer to 2 decimal ploces, es. 15.75J Price of the bond

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