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On September 30, 2018, the San Fillipo Corporation issued 8% stated rate bonds with a face amount of $220 million. The bonds mature on September

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On September 30, 2018, the San Fillipo Corporation issued 8% stated rate bonds with a face amount of $220 million. The bonds mature on September 30,2038 (20 years). The market rate of interest for similar bonds was 10%. Interest is paid semiannually an March 31 and September 30. (EV of \$1. PV of \$1. FVA of \$1. PVA of \$1, FVAD of \$1 and PVAD of \$1) (Use appropriate factor(\$) from the tables provided.) Required: Determine the price of the bonds on September 30, 2018. (Enter your answers in whole dollars. Round your final answers to nearest whole dollar amount.)

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