Question: please help. will thumbs up if correct! A company issued 8%,20-year bonds with a face amount of $72 million. The market yleld for bonds of

please help. will thumbs up if correct! please help. will thumbs up if correct! A company issued 8%,20-year bonds

A company issued 8%,20-year bonds with a face amount of $72 million. The market yleld for bonds of similar risk and maturity is 9%. interest is paid semiannually. At what price did the bonds sell? Note: Do not round intermediate calculations and round you final answer to nearest whole dollar. Use tables, Excel, or a financial calculator. (EV of S1. PV of \$1. EVA of \$1. PVA of S1. EVAD of \$1 and PVAD of \$1) Answer is complete but not entirely correct

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