New State University issued a $$330$ million bond. The money is needed to develop property for student recreation and fund academic scholarships. The bond matures in $30$ years and requires quarterly payments. The coupon rate on the bond is seven percent, but interest rates fell to $6\mathrm{.}85\%$ by the time the bond was issued. How much did the university receive when the bond was issued $($assume no underwriting fees to the investment bank$)?$