ABC Corporation issued a 5-year, $750,000 Bond that pays interest at the rate of 4%, payable on December 31, 2020. The bonds were issued on January 1, 2020. What is the price of the bond issue if the market rate of interest is 6%? Prepare the journal entries to record the bond issue and the 1st interest payment. What is the price of the bond issue if the market rate of interest is 2%? Prepare the journal entries to record the bond issue and the 1st interest payment. What if the interest payments were due on January 1, 2020: o What is the price of the bond issue if the market rate of interest is 6%? o What is the price of the bond issue if the market rate of interest is 2%