Chinook Inc. has available for issue a $3,200,000 bond due in eight years, Interest at the rate of 6% is to be paid semiannually. Calculate the issue price if the market interest rate is: (Do not round Intermediate calculations. Round the final onswers to the nearest whole dollar.) Market Interest Rate Issue Price a 5,5% b. 696 C 6.75% $ S 3,302 436 3,200,000