On September $30,2018,$ the San Fillipo Corporation issued $8\%$ stated rate bonds with a face amount of $$440$ million. The bonds mature on September $30,2038(20$ years$).$ The market rate of interest for similar bonds was $10\%.$ Interest is paid semiannually on March $31$ and September $30.(($FV of $$1,$ PV of $$1,$ FVA of $$1,$ PVA of $$1,$ FVAD of $$1$ and PVAD of $$1)($Use appropriate factor$($s$)$ from $t$ tables provided.$)$

Required:

Determine the price of the bonds on September $30,2018.($Enter your answers in whole dollars. Round your final answers to near whole dollar amount.$)$

Answer is complete but not entirely correct.

Table values are based on:

$\backslash$table$[[n=,,40,],[i=,,5\%,],[$Cash Flow,,Amount,Present Value$],[$Interest$,$$$,17,600,000,302,000,160$