11. On January 1, 2021, Water Wonderland issues $40 million of 6% bonds, due in ten years, with interest payable semiannually on June 30th and December 31" each year. a. Calculate the issue price of the bond if the market rate is 5%. Cite if the bond will issue at face amount, a discount, or a premium. b. Calculate the issue price of the bond if the market rate is 6%. Cite if the bond will issue ar face amount, a discount, or a premium. c. Calculate the issue price of the bond if the market rate is 7%. Cite if the bond will issue at face amount, a discount, or a premium