Question: On April 1 , 2 0 2 3 , ET Inc. has available for issue $ 2 7 5 , 0 0 0 bonds due

On April 1,2023, ET Inc. has available for issue $275,000 bonds due in four years. Interest rate of 4.0% is to be paid quarterly. Calculate the issue price if the market interest rate is:a)2% b)3% c)3.75%
 On April 1,2023, ET Inc. has available for issue $275,000 bonds

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