Compute the selling price of $10\%,10-$year bonds with a par value of $$260,000$ and semiannual interest payments. The annual market rate for these bonds is $12\%.$ Use present value Table B$.1$ and Table B$.3$ in Appendix B$.$

Note: Round all table values to $4$ decimal places, and use the rounded table values in calculations.

$\backslash$table$[[$Cash Flow,Table Value,Present Value$],[$$$260,000$ par $($maturity$)$ value,$20\mathrm{.}0000,],[$$$13,000$ interest payment,$12,500\mathrm{.}0000,],[$Price of Bond,,$+]]$