Question: Help Save & Ex / t Subml On April 1 , 2 0 2 3 , ET Inc. has available for issue $ 2 9

Help
Save & Ex/t
Subml
On April 1,2023, ET Inc. has available for issue $299,000 bonds due in four years. Interest at the rate of 3.5% is to be paid quarterly. Calculate the issue price if the market interest rate is: (Do not round intermediate calculetions. Round the final answers to the nearest whole dollar.)
12
\table[[,\table[[Market Interest],[Rate]],\table[[Issue Price of the],[Bonds]]],[a.,4.5%,],[b.,3.5%,],[c.,2.5%,]]
Part 2
On October1. ET Inc has available fon issue a $334,000 bond due in eight years. Interest at the rate of 3.5% is to be paid semiannually. Calculate the issue price if the market interest rate is: (Do not round intermediate calculations. Round the final answers to 2 decimal places.)
\table[[,\table[[Market Interest],[Rate]],\table[[Issue Price of the],[Bonds]]],[a.,2.5%,],[b.,3.5%,],[c.,425%,]]
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