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Ultimate Butter Popcom issues 6%, 10-year bonds with a face amount of $53,000. The market interest rate for bonds of similar risk and maturity is

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Ultimate Butter Popcom issues 6%, 10-year bonds with a face amount of $53,000. The market interest rate for bonds of similar risk and maturity is 7%, Interest is paid semiannually. At what price will the bonds issue? (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round interest rate factors.)

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