Blue Spruce Corporation issues $410,000 of 10% bonds that are due in 8 years and pay interest semi-annually. At the time of issue, the market rate for such bonds is 8%. Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ANNUITY OF 1 Calculate the bonds issue price by using (1) factor Tables A.2 and A4 (2) a financial calculator, or (3) Excel function PV.(Hint: Refer to Chapter 3 for tips on calculating.) (For calculation purposes, use 5 decimal places as displayed in the factor table provided and round final answer to o decimal places, e.g. 5,275.) Issue price of bond $