can you show me the solution in step by step so I can understand?

View Policies Show Attempt History Your answer is correct Blossom Company is about to issue $276.400 of 7-year bonds paying an 12% interest rate with interest payable semiannually. The discount rate for such securities is 8 Click here to view the factor table (For calculation purposes, use 5 decimal places as displayed in the factor table provided) How much can Blossom expect to receive for the sale of these bonds? (Round answer to decimal places. 8.2.475 Blossom an expect to receives 334792.94 Textbook and Media