Ultimate butter popcorn issues 7% 10 year bonds with a face amount of $41,000. The market interest rate for bonds of similar risk and maturity is 7%. interest is paid semiannually. at what price will the bonds issue?

Ultimate Butter Popcorn issues 7%, 10-year bonds with a face amount of $41,000. 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 $11 (Use appropriate factor(s) from the tables provided. Do not round Interest rate factors. Round"Market Interest rate" to 1 decimal place.) Bond Characteristics Amount $ 41,000 Face amount Interest payment Market interest rate Periods to maturity Issue price