Ducky Company issues its $167.000 at a price of 96, the stated rate is 5%, the bond term is 4 years, and the market rate is 8%. Assume the term of the bonds is 4 years. The annual interest payment on the bond will be $ ABC Company's Stockholder's equity is as follows: Common Stock, $ 3 par $41,409 Additional PIC 15,606 Treasury Stock, $ 5 $5,000 What is the average issue price of the common stock? Round your answer to 2 decimal places