Use this table to answer the following questions:

Amount issued

Offered

Interest

Maturity

Denomination, face value, or principal June $1,000$

$$1,00$

Callable Remaining payments discounted at the treasury rate $+30$ basis points

a$.$ AMAT decides to call the bond one year before it is due to expire. The interest rate on one$-$year Treasury bonds is $2\mathrm{.}45\%.$ What price per bond must AMAT pay to call the bonds?

Note: Do not round your intermediate calculations. Enter your answers in dollars, rather than in millions of dollars, rounded to $2$ decimal places.

b$.$ If the interest rate on Treasury bonds is $11\mathrm{.}45\%.$ What price per bond must AMAT pay to call its bonds? $($Hint: AMAT will pay the greater value between the par value and the PV of remaining payments$)$

Note: Do not round your intermediate calculations. Enter your answers in dollars, rather than in millions of dollars, rounded to $2$ decimal places.

a$.$ Price payable by AMAT

b$.$ Price payable by AMAT

$$270$ million Issued at a price of $98\mathrm{.}250\%$ plus accrued interest $($proceeds to company $98\mathrm{.}717\%)$ through Citi and JPMorgan $6\mathrm{.}45\%$ per annum payable June $15$ and December $15.$

June $15,2041$

$1,000$