2. On January 1, 2014, Bill's Sock Co issued $100,000 worth of bonds. The bonds carry 12% interest due each January 1, and mature on January 1, 2024. The market rate of interest was 13%. a. Would the bonds be issued at par, a discount or a premium? b. Why? c. What is the bond's cash interest payment every year? d. What is the amount of money that will be repaid in 2024? e. Compute the bond's issuance price using the PV of all the bond payment streams, discounted at _% rate over years. f. What are the B/S entries for the bond issuance on Jan 1, 2014? Balance Sheet