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On September 30, 2018, the San Fillipo Corporation issued 8% stated rate bonds with a...

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On September 30, 2018, the San Fillipo Corporation issued 8% stated rate bonds with a face amount of $300 million. The bonds mature on rate of interest for similar bonds was 10%. Interest is paid semiannually on March 31 and September 30. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) September 30, 2038 (20 years). The market Required: Determine the price of the bonds on September 30, 2018. (Enter your answers in whole dollars. Round your final answers to nearest whole dollar amount.) XAnswer is not complete. Table values are based on: 20X 10% X i = Cash Flow Present Value Amount Interest Principal Price of bonds

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