47 points eBook 01 H On January 1, 2024, Frontier World issues $41 million of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. The proceeds will be used to build a new ride that combines a roller coaster, a water ride, a dark tunnel, and the great smell of outdoor barbeque, all in one ride. 2-a. If the market rate is 9%, calculate the issue price. (EV of S1, PM at $1 EVA of S1 and PVA of $3) 2-b. Will the bonds issue at face amount, a discount, or a premium? Complete this question by entering your answers in the tabs below. Ask Print Red 2 Req 2b If the market rate is 9%, calculate the issue price.(FV of $1, PV of $1. EVA of $1, and PVA of S1) (Use appropriate factor(s) from the tables provided. Enter your answers in dollars, not in millions (ie. $5.5 million should be entered as 5,500,000). Round your final answers to the nearest whole dollar) Bond Characteristics Amount References Face amount $ 41,000,000 Interest payment Number of periods 201 Market interest rate 0.9% Issue price Req 2b >