GMAT Corporation is planning to issue bonds with a face value of $255,000 and a coupon rate of 5 percent. The bonds mature in 7 years and pay interest semiannually every June 30 and December 31. All of the bonds were sold on January 1 of this year. Determine the issuance price of the bonds assuming an annual market rate of interest of 7.5 percent. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your final answer to whole dollars.) ssue price 291284 08 10 32 18 5 36 88 47 00 10 51 123456789 10 1 2 3 4 5 6 7 8 9 20 25 30 123456789 10 11 2 3 4 5 6 7 8 9 20 25 30 51 81 25 80 44 15 37 12 0000 0. 0 0 0 0 0 0 0 0 0 0 0 0 000000000000000000 0. 0. 0. 0. 750 82 10 38 10 0% 58 36 15 3 3 2 1 ,0000 51 74 62 6 7 7 10 9 8 56 95 76 79 12 39 62 79 84 75 1-0. 0 0 0 0 0 0 0 0 0. 0 0 0 0 0 0 0 0 0 0 0 1-0000 0. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 07 88 81 83 80 77 74 71 69 66 64 61 59 57 3-000000 0. 0. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 000 0. 0 0 0 0 0 0 0 0 0 0 0 0 38 95 12 86 17 43 68 8 3 3 2 3 8 3 4 s5 18 5 4 7 7 99 9 3 9 3 2-0. 0 O. O. 0 0 0 0 0 0 0 0 0. 0. 0 0 0. 0 0 0 0 0 s-0000000000000 000000000000000000000 0. 000000000000000 0. 123456789 10 1 2 3 4 5 6 7 8 9 20 25 30 123456789 10 1 2 3 4 5 6 7 8 9 20 25 30 Future Value of Annuity of $1 Periods 9.18995 42.75328 46.67173 50.9803555.71747 87.44213 138.10855 6.01846 511590956.93949 63.43968 70.74941 78 96923 882181 15474000 273.55576 4.20283 72.0524480.94683 91.02493 102.44358 186.68800 342.94470 84.70090 98.34706 114.41331 133.33387 155.61956 181.87083 212.79302 471.98108 1054.79118 99.02088 241.33268 293,19922 356 78685434.74515 1181.88157 3227.17427 Present Value of Annuity of $1 12 10 08 26 Periods 333331 Periods 1 0122334445555 5. 5 5 6 6 6 6 6 6 0. 1. 2. 7 7 8 8 9 9 10 10 1 1 2 2 4 15 4 4. 5 5 5 5 6 6 6 6 6 6 6 6 7 4-0. 1. 23 4, "5 5 6 7 8 8 9 9 0 0 1 1 2 2 3 56 %| 96 10 15 4 3 55 6 7 6 2 4 65 81 49 38 88 09 91 97 75 76 38 98 56 11 1|0123344455566 3-0. 1 2 3 4 5 6 6 8 8 9 1 0 1 1 2 2 3 3 67 % 90 52 71 45 90 54 20 12 05 23 52 36 87 886 79 62 29 33 74 79 24 59 85 4 3 261 87 03 46 43 456788 9. 1 1 1 2 3 4 1 1 1 1 22 43 11 29 72 25 66 19 73 90 15 667778888899 9%-09 1 2.5 3 997 45569861 d, 11 12 13 13 14. 15 17, 18. 22 25, 123456789 10 1 2 3 4 5 6 7 8 9 20 25 30 123456789 10 1 2 3 4 5 6 7 8 9 20 25 30