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a. If the market rate is 9%, alculate the issue price. (FV of $1, / of $1. FVA of $1, and PVA of $1) Ise

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a. If the market rate is 9%, alculate the issue price. (FV of $1, / of $1. FVA of $1, and PVA of $1) Ise appropriate factor(s) from e tables provided. Do not und interest rate factors. Enter sur answers in dollars not in illions. Round "Market interest te" to 1 decimal place. Round our final answers to the nearest hole dollar.) Bond Characteristics Amou ace amount $ 39,1 $ 4 nterest payment 'eriods to maturity larket interest rate ssue price $ 4 On January 1, 2021, Frontier World issues $39.1 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. (FV of $1, PV of $1, FVA of $1, and PVA of $1) S

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