On September 30, 2021, the San Fillipo Corporation issued 8% stated rate bonds with a face amount of $340 million. 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. ((FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD 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.) & Answer is complete but not entirely correct. Table values are based on: n = 40 5% Cash Flow Amount Interest $ 13,600,000 Principal $ 340,000,000 Price of bonds Present Value $ 2,832,744 48,297,000 50,711,850 $ TABLE 2 Present Value of $1 $1 PV (1+i)" ni 1.0% 1 0.99010 2 0.98030 3 0.97059 4 0.96098 5 0.95147 1.5% 0.98522 0.97066 0.95632 0.94218 0.92826 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 0.98039 0.97561 0.97087 0.96618 0.96154 0.95694 0.96117 0.95181 0.94260 0.93351 0.92456 0.91573 0.94232 0.92860 0.91514 0.90194 0.88900 0.87630 0.92385 0.90595 0.88849 0.87144 0.85480 0.83856 0.90573 0.88385 0.86261 0.84197 0.82193 0.80245 5.0% 5.5% 6.0% 7.0% 0.95238 0.94787 0.94340 0.93458 0.90703 0.89845 0.89000 0.87344 0.86384 0.85161 0.83962 0.81630 0.82270 0.80722 0.79209 0.76290 0.78353 0.76513 0.74726 0.71299 8.0% 0.0% 0.0% 0.92593 0.91743 0.90909 0.85734 0.84168 0.82645 0.79383 0.77218 0.75131 0.73503 0.70843 0.68301 0.68058 0.64993 0.62092 11.0% 12.0% 20.0% 0.90090 0.89286 0.83333 0.81162 0.79719 0.69444 0.73119 0.71178 0.57870 0.65873 0.63552 0.48225 0.59345 0.56743 0.40188 6 7 8 9 10 0.94205 0.91454 0.88797 0.86230 0.83748 0.81350 0.79031 0.76790 0.74622 0.72525 0.70496 0.66634 0.63017 0.59627 0.56447 0.53464 0.50663 0.33490 0.93272 0.90103 0.87056 0.84127 0.81309 0.78599 0.75992 0.73483 0.71068 0.68744 0.66506 0.62275 0.58349 0.54703 0.51316 0.48166 0.45235 0.27908 0.92348 0.88771 0.85349 0.82075 0.78941 0.75941 0.73069 0.70319 0.67684 0.65160 0.62741 0.58201 0.54027 0.50187 0.46651 0.43393 0.40388 0.23257 0.91434 0.87459 0.83676 0.80073 0.76642 0.73373 0.70259 0.67290 0.64461 0.61763 0.59190 0.54393 0.50025 0.46043 0.42410 0.39092 0.36061 0.19381 0.90529 0.86167 0.82035 0.78120 0.74409 0.70892 0.67556 0.64393 0.61391 0.58543 0.55839 0.50835 0.46319 0.42241 0.38554 0.35218 0.32197 0.16151 11 0.89632 0.84893 0.80426 0.76214 0.72242 0.68495 0.64958 0.61620 0.58468 0.55491 0.52679 0.47509 0.42888 0.38753 0.35049 0.31728 0.28748 0.13459 12 0.88745 0.83639 0.78849 0.74356 0.70138 0.66178 0.62460 0.58966 0.55684 0.52598 0.49697 0.44401 0.39711 0.35553 0.31863 0.28584 0.25668 0.11216 13 0.87866 0.82403 0.77303 0.72542 0.68095 0.63940 0.60057 0.56427 0.53032 0.49856 0.46884 0.41496 0.36770 0.32618 0.28966 0.25751 0.22917 0.09346 14 0.86996 0.81185 0.75788 0.70773 0.66112 0.61778 0.57748 0.53997 0.50507 0.47257 0.44230 0.38782 0.34046 0.29925 0.26333 0.23199 0.20462 0.07789 15 0.86135 0.79985 0.74301 0.69047 0.64186 0.59689 0.55526 0.51672 0.48102 0.44793 0.41727 0.36245 0.31524 0.27454 0.23939 0.20900 0.18270 0.06491 16 0.85282 0.78803 0.72845 0.67362 0.62317 0.57671 0.53391 0.49447 0.45811 0.42458 0.39365 0.33873 0.29189 0.25187 0.21763 0.18829 0.16312 0.05409 17 0.84438 0.77639 0.71416 0.65720 0.60502 0.55720 0.51337 0.47318 0.43630 0.40245 0.37136 0.31657 0.27027 0.23107 0.19784 0.16963 0.14564 0.04507 18 0.83602 0.76491 0.70016 0.64117 0.58739 0.53836 0.49363 0.45280 0.41552 0.38147 0.35034 0.29586 0.25025 0.21199 0.17986 0.15282 0.13004 0.03756 19 0.82774 0.75361 0.68643 0.62553 0.57029 0.52016 0.47464 0.43330 0.39573 0.36158 0.33051 0.27651 0.23171 0.19449 0.16351 0.13768 0.11611 0.03130 20 0.81954 0.74247 0.67297 0.61027 0.55368 0.50257 0.45639 0.41464 0.37689 0.34273 0.31180 0.25842 0.21455 0.17843 0.14864 0.12403 0.10367 0.02608 21 0.81143 24 0.78757 25 0.77977 28 0.75684 29 0.74934 0.73150 0.65978 0.59539 0.53755 0.69954 0.62172 0.55288 0.49193 0.68921 0.609530.53939 0.47761 0.65910 0.57437 0.50088 0.43708 0.64936 0.56311 0.48866 0.42435 0.48557 0.43883 0.43796 0.39012 0.42315 0.37512 0.38165 0.33348 0.36875 0.32065 0.39679 0.34770 0.33273 0.29157 0.27902 0.35894 0.31007 0.29530 0.25509 0.24295 0.32486 0.29416 0.24151 0.27666 0.24698 0.19715 0.26223 0.23300 0.18425 0.22332 0.19563 0.15040 0.21168 0.18456 0.14056 0.19866 0.16370 0.13513 0.15770 0.12640 0.10153 0.14602 0.11597 0.09230 0.11591 0.08955 0.06934 0.10733 0.08215 0.06304 0.11174 0.09256 0.02174 0.08170 0.06588 0.01258 0.07361 0.05882 0.01048 0.05382 0.04187 0.00607 0.04849 0.03738 0.00506 30 0.74192 0.63976 0.55207 0.47674 0.41199 0.35628 0.30832 0.267000.23138 0.20064 0.17411 0.13137 0.09938 0.07537 0.05731 0.04368 0.03338 0.00421 31 0.73458 0.63031 0.54125 0.46511 0.39999 0.34423 0.29646 0.25550 0.22036 0.19018 0.16425 0.12277 0.09202 0.06915 0.05210 0.03935 0.02980 0.00351 40 0.67165 0.55126 0.45289 0.37243 0.30656 0.25257 0.20829 0.17193 0.14205 0.11746 0.09722 0.06678 0.04603 0.03184 0.02209 0.01538 0.01075 0.00068