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On January 1, assume that Comcast issues $300,000 of 15-year, 10% bonds payable for $351,876, yielding an effective semiannual interest rate of 4%. Interest is

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On January 1, assume that Comcast issues $300,000 of 15-year, 10% bonds payable for $351,876, yielding an effective semiannual interest rate of 4%. Interest is payable semiannually on June 30 and December 31. Calculate the issue price of this bond. What would the bond issue price be if the semiannual effective interest rate is 6% instead of 4%

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