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On October 1,ET Inc. has available for issue a $343,000 bond due in eight years. Interest at the rate of 5.5% is to be paid

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On October 1,ET Inc. has available for issue a $343,000 bond due in eight years. Interest at the rate 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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