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Compute the selling price of 6.00 %, 15-year bonds with a par value of $370,000 and semiannual interest payments. The annual market rate for

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Compute the selling price of 6.00 %, 15-year bonds with a par value of $370,000 and semiannual interest payments. The annual market rate for these bonds is 4.00 %. 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. Round your other final answers to nearest whole dollar amount.) Cash Flow $370,000 par (maturity) value $11,100 interest payment Price of Bond Table Value Present Value

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