Whipple Corp. just issued 345,000 bonds with a coupon rate of 6.41 percent paid semiannually that mature in 30 years. The bonds have a YTM of 6.85 percent and have a par value of $2,000. How much money was raised from the sale of the bonds? (Round your intermediate calculations to two decimal places and final answer to the nearest whole dollar amount.)

$651.55 million

$1,250.98 million

$690.00 million

$625.49 million

$608.12 million