Determining Bond Selling Price Calculate the bond selling price for the three separate scenarios that follow. a. 33M Corp. authorized and issued $280,000,6%,20-year bonds payable on January 1 . Calculate the selling price of the bonds if the bonds pay cash interest semiannually on July 1 and January 1 , and the market rate of interest on similar bonds is 8%. b. 33M Corp. authorized and issued $700,000,7%,10-year bonds payable on January 1 . Calculate the selling price of the bonds if the bonds pay cash interest semiannually on July 1 and January 1 , and the market rate of interest on similar bonds is 6%. c. 33M Corp. issued $210,000,5%,10-year bonds payable on March 31 of Year 1 . The bonds were authorized on January 1 of Year 1 . Calculate the selling price of the bonds (including interest) if the bonds pay cash interest annually on January 1 , and the market rate of interest on similar bonds is 6%. Note: Round answers to the nearest whole dollar. Determining Bond Selling Price Calculate the bond selling price for the three separate scenarios that follow. a. 33M Corp. authorized and issued $280,000,6%,20-year bonds payable on January 1 . Calculate the selling price of the bonds if the bonds pay cash interest semiannually on July 1 and January 1 , and the market rate of interest on similar bonds is 8%. b. 33M Corp. authorized and issued $700,000,7%,10-year bonds payable on January 1 . Calculate the selling price of the bonds if the bonds pay cash interest semiannually on July 1 and January 1 , and the market rate of interest on similar bonds is 6%. c. 33M Corp. issued $210,000,5%,10-year bonds payable on March 31 of Year 1 . The bonds were authorized on January 1 of Year 1 . Calculate the selling price of the bonds (including interest) if the bonds pay cash interest annually on January 1 , and the market rate of interest on similar bonds is 6%. Note: Round answers to the nearest whole dollar