Garcia Company issues 10.00%, 15 year bonds with a par value of $280,000 and semiannual interest payments. On the issue date. the annual market rate for these bonds is 8.00%, which implies a selling price of 117 1/4. Confirm that the bonds' selling price is approximately correct. Use present value Table B1 and Table 8.3 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.) - Selling Price $ 328,300 Present Value Par Value x Price 280,000 117 1/4 Cash Flow Table Value $280,000 par (maturity) value $14,000 interest payment Price of Bond Difference due to rounding of table values / 328,300