culver inc. manufactures cycling equipment. recently, the vice president of operations of the company has requested construction of a new plant to meet the increasing demand for the company's bikes. after a careful evaluation of the request, the board of directors has decided to raise funds for the new plant by issuing $$3,009,100$ of $8\%$ term corporate bonds on march $1,2025,$ due on march $1,2040,$ with interest payable each march $1$ and september $1.$ at the time of issuance, the market interest rate for similar financial instruments is $6\%.$ as the controller of the company, determine the selling price of the bodns