Garcia Company issues 6.00%, 15-year bonds with a par value of $260,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 4.00%, which implies a selling price of 122 1/3. Confirm that the bonds' selling price is approximately correct. 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.) Selling Price $ 318,110 Present Value Par Value x Price $ 260,000 122 1/3 Cash Flow Table Value $260,000 par (maturity) value $7,800 interest payment Price of Bond Difference due to rounding of table values