Sanders, Incorporated issues bonds dated January $1$ that pay interest semiannually on June $30$ and

December $31.$ The bonds have a $$350,000$ par value and an annual contract rate of $8\%,$ and they

mature in $5$ years.

a$.$ Using the PV function, compute the bonds' issue price on January $1$ if the market rate at the date

of issuance is $6\%.$

b$.$ Using the PV function, compute the bonds' issue price on January $1$ if the market rate at the date

of issuance is $8\%.$

c$.$ Using the PV function, compute the bonds' issue price on January $1$ if the market rate at the date

of issuance is $9\%.$