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Part 2 On October 1, ET Inc. has available for issue a $298,000...

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Accounting

Part 2
On October 1, ET Inc. has available for issue a $298,000 bond due in eight years. Interest at the rate of 4.0% 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.)
\table[[,\table[[Market Interest],[Rate]],\table[[Issue Price of the],[Bonds]]],[a.,3%,],[b.,4%,],[c.,4.75%,]]
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