Part 1 Page 980 On April 1, 2020, Shelter Bay Inc. has available for issue $900,000 bonds due in four years. Interest at the rate of 10% is to be paid quarterly. Calculate the issue price if the market interest rate is: a. 11% b. 10% c. 9% Part 2 On October 1, Shelter Bay Inc. has available for issue a $326,000 bond due in eight years. Interest at the rate of 12% is to be paid semiannually. Calculate the issue price if the market interest rate is: a. 11.50% b. 12.00% 75%