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QS $10-20$ A $($Algo$)$ Computing bond price LO C$2$

$01$:$42$:$01$

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$\backslash$table$[[$Cash Flow,Table Value,Present Value,$],[$eBook$,$$$420,000$ par $($maturity$)$ value,,$],[$$$25,200$ interest payment,,,$],[$Price of Bond,,,$]]$

Compute the selling price of $12\mathrm{.}00\%,15-$year bonds with a par value of $$420,000$ and semiannual interest payments. The annual market rate for these bonds is $10\mathrm{.}00\%.$ Use present value Table B$.1$ and Table B$.3$ in Appendix B$.$

Note: Round all table values to $4$ decimal places, and use the rounded table values in calculations. Round your other final answers to nearest whole dollar amount.

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