24. On 1/1/19, $20 million face amount bonds were issued at 6% for 10 years. Interest is paid out on 6/30 and 12/31 each year. Market rate was 3%. a. How much interest will be paid just on 6/30 each year? b. How much interest will be paid out annually (both payments combined)? c. Were the bonds issued at a discount or a premium?