Question: Ultimate Butter Popcorn issues 6 % , 2 0 - year bonds with a face amount of $ 4 2 , 0 0 0 .

Ultimate Butter Popcorn issues 6%,20-year bonds with a face amount of $42,000. The market interest rate for bonds of similar risk and maturity is 6%. Interest is paid semiannually.
At what price will the bonds issue? (FV of $1, PV of $1, FVA of $1, and PVA of $1)(Use appropriate factor(s) from the tables provided. Do not round interest rate factors. Round "Market interest rate" to 1 decimal place.)
\table[[Bond Characteristics,Amount],[Face amount,$
Ultimate Butter Popcorn issues 6 % , 2 0 - year

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