Hadson Corp purchased five 51.000 7% bonds of Current Power Corporation when the market rate of interest was 6% Interest is paid semiannually, and the bonds will mature in six years, Using the PV function in Excel compute the price Hodson paid (the present value) for the bond investment. (Assume that all payments of interest and principal occur at the end of the period. Round your answer to the nearest cent) Hodson paid on the bond investment