Assume that on April 1, 2016, Yukon. Corp. issues fa peroent 10-year bonds payable with a arty value of $300.000. The bonds pay interest on March 31 and September 30, and Yukon amortizes ary premium or discount by the straight-line method Yukon's fiscal year-end is December 31. Read the Requirement 1. Itthe market interest rate is 8 percent when Yukon Corp issues its bonds, win the bonds be priced atpar, at apremium, at a Explain or discount? The 9 percent bonds issued when the market interest rate is 8 percent wi be priced at inthis market, so investors wilpay to acquire them Requirement 2 the market interest rate is 12 percent when Yukon Corp. issues its bonds, wil the bonds be priced atpar, at a premum, or at a discount? Explain. The 9 percent bonds issued when the market interest rate is priced at 12 percent wil be this market, so investors wilpay to ao quire them. Requirement 3. Assume that the issue price of the bonds iss315000 Joumalze each of bonds pa transactons (Do not round any intermediary computations, but then roundal amounts you input into the journal entry tables to the nearest whole dolar.Record debts then credts. Exclude explanators form issuance of the bonds on Apri 1, 2016, Journal Entry Accounts Apr 1, 2016 Choose from any list or enter any number in the input fields and then continue to the next