On January $1,2024,$ Blossom issued $$6,300,000,10\%$ bonds. Interest is payable semi$-$annually on June $30$ and December $31.$ The bonds mature on January $1,2034.$ The bonds are sold to yield $12\%.$

Click here to view factor table.

$($a$)$

Calculate the issue price of the bonds. $($Round factor values calculations to $5$ decimal places, e$.$g$.2\mathrm{.}55555$ and final answer to $0$ decimal places, e$.$g$.25,000.)$

Issue price of bond $,$$

Attempts: $0$ of $1$ used