Exercise 6-17 Price of a bond [LO6-9] On September 30, 2016, the San Filipo Corporation issued 8% stated rate bonds with a face amount of $160 million. The bonds mature on September 30, 2036 (20 years). The market rate of interest for similar bonds was 10% interest is paid semiannually on March 31 and September 30 (EV of $1, PV of $1. EVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: Determine the price of the bonds on September 30, 2016. Table values are based on Cash Flow Amount Present Value Interest Principal Price of bonds