Part $1$

On April $1,2023,$ ET Inc. has available for issue $$248,000$ bonds due in four years. Interest at the rate of $6\mathrm{.}0\%$ 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 available for issue a $$298,000$ bond due in eight years. Interest at the rate of $4\mathrm{.}0\%$ 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.$)$