A corporation issues $50 million of 7% bonds to yield interest at the rate of 9%. (A) Was the amount of cash received from the sale of the bonds greater or less than $50 million? (B) Identify the following amounts as they relate to the bond issue: (i) face amount. (ii) market or effective rate of interest. (iii) contract rate of interest. (iv) maturity amount. For 3 bonus points, and as part of the main/first post, calculate the amount of premium or discount on the bonds at issue, assuming the bond matures in ten years, market rate is 10% (there is no 9% in the Table in the book) and interest payment is annually.