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On April 1, 2023, ET Inc has available for issue $216,000 bonds due in four years. Interest at the rate of 4.5% is to be

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On April 1, 2023, ET Inc has available for issue $216,000 bonds due in four years. Interest at the rate of 4.5% is to be paid quarterly. Calculate the issue price if the market interest rate is (Do not round intermediate calculations. Round the final answers to the nearest whole dollar.) Part 2 On October 1, ET Inc, has avallable for issue a $343,000 bond due in eight years. Interest at the rat of 5.5% 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.)

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