TMC issued $40 million of its 9% bonds on April 1, 2021 ot 99, reflecting a market rate of interest of 14%, plus accrued interest. The bonds are dated January 1. 2021, and mature on December 31, 2040. Interest is payable semiannually on June 30 and December 31. What amount did TMC receive from the bond issuance? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Multiple Choice O $40.90 million 538 70 mon. $3960 million, S40 50 milion