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1 . ) Cardinal Corporation issued $ 3 , 0 0 0 , 0 0 0 face value, 4 % bonds, on March 3 1

1.) Cardinal Corporation issued $3,000,000 face value, 4% bonds, on March 31,2022. These bonds are 10-year bonds and pay interest annually each March 31, with the first interest payment being made March 31,2023. These bonds were issued to yield 5% annually. The issue price of these bonds is:
2.) Cardinal Corporation issued $5,000,000 face value, 8% bonds, on March 31,2022. These bonds are 15-year bonds and pay interest semiannually each September 30 and March 31, with the first interest payment being made September 30,2022. These bonds were issued to yield 6% annually. The issue price of these bonds is:

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