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On September 30,2021 , the San Fillipo Corporation issued 8% stated rate bonds with a face amount of $160million. The bonds mature on September 30,2041

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On September 30,2021 , the San Fillipo Corporation issued 8% stated rate bonds with a face amount of $160million. The bonds mature on September 30,2041 (20 years). The market rate of interest for similar bonds was 10%. Interest is paid semiannually on March 31 and September 30. (IFV of \$1, PV of \$1. FVA of \$1. PVA of \$1, EVAD of \$1 and PVAD of \$1) (Use appropriate factor(s) from the tables provided.) Required: Determine the price of the bonds on September 30, 2021. (Enter your answers in whole dollars. Round your final answers to nearest whole dollar amount.)

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