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Ash Wipe LLC is a local chimney sweep business hoping to expand its operations. To raise additional capital, it issues bonds on 1 / 1

Ash Wipe LLC is a local chimney sweep business hoping to expand its operations. To raise additional capital, it issues bonds on 1/1/2024 with a face value of $100,000, payable in 7 years. The bonds pay interest semiannually on 6/30 and 12/31, and carry a stated rate of 7% while the market rate for bonds of similar risk is 5%.(PV table, PVA table) Answer the questions below related to Ash Wipe's bond issuance. Round any numerical answers to the nearest whole dollar. (PV table, PVA table)1. what is the bonds issue price? 2. does the bond have a discount or premium? 3. what is the amount of discount or premium?

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