On November 1, 2018, Ybarra Construction Company issued $200,000 of 5-year bonds that pay interest at an annual rate of 5%. The interest payments are due every six months (that is, the interest is compounded semi-annually). At the end of the five-year period, Ybarra must pay the bond holders a balloon payment of $200,000.

a. What would the issue price of the bonds be if the prevailing interest rate is: Round answers to the nearest whole number.

(i) 4%

ANSWER: 208983 correct

(ii) 6%

ANSWER: 191470 correct

b. Compute the market price of these bonds on November 1, 2020 assuming that the prevailing market interest rate at that time is 8%. Round answer to the nearest whole number.

CAN SOMEONE TELL ME THE ANSWER OF PART B. I tried 179,802 it was INCORRECT