Question: we leave a like if done correctly :) On September 30, 2024, the Techno Corporation issued 8% stated rate bonds with a face amount of

we leave a like if done correctly :)

On September 30, 2024, the Techno Corporation issued 8% stated rate bonds with a face amount of $460 million. The bonds mature on September 30,2044 (20 years). The market rate of interest for similar bonds was 10\%, Interest is paid semiannually on March 31 and September 30 . Required: Determine the price of the bonds on September 30,2024 . Note: Use tables, Excel, or a financial calculator. Round your final answers to nearest whole dollar amount, not in millions. (FV of

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