Calculating the issue price using business calculator PV function Part 1 On April 1, 2020, ET Inc. has available for issue $820.000 bonds due in four years. Interest at the rate of 4.50% is to be paid quarterly Calculate the issue price if the market interest rate is: a. 5.50% b. 4.50% c. 3.50% Part 2 On October 1, ET Inc. has available for issue a $327.000 bond duc in eight years. Interest at the rate of 6.50% is to be paid semiannually Calculate the issue price if the market interest rate is: a. 5.50% b. 6.50% c. 7.25%