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Compute the selling price of 9.00%, 15-year bonds with a par value of $270,000 and semiannual interest payments. The annual market rate for these bonds

Compute the selling price of 9.00%, 15-year bonds with a par value of $270,000 and semiannual interest payments. The annual market rate for these bonds is 6.00%. 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 table value present value
$270,000 par (maturity) value
$12,150 interest payment
Price of Bond

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