Compute the selling price of 10%, 10-year bonds with a par value of $360,000 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. (Round all table values to 4 decimal places, and use the rounded table values in calculations.)

cash flow	table value	present value
$360,000 par (maturity) date
18,000 interest payment
Price of Bond