On April 1, 2023, ET Inc. has available for issue $438,000 bonds due in four...
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On April 1, 2023, ET Inc. has available for issue $438,000 bonds due in four years. Interest at the rate of 4.0% 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.) a. b. C. Market Interest Issue Price of the Bonds Part 2 Rate 5% 4% 3% $ 438,000 On October 1, ET Inc. has available for issue a $262,000 bond due in eight years. Interest at the rate of 5.0% is to be paid
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