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On September 30, 2024, the Techno Corporation issued 8% stated rate bonds with a face...

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On September 30, 2024, the Techno Corporation issued 8% stated rate bonds with a face amount of $160 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. (EV of $1, PV of \$1, EVA of \$1, PVA of \$1, EVAD of $1 and PVAD of \$1)

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