Bowling Company Issues $1,000,000, 10%, 5-year bonds on January 1, 2020. The bonds pay interest semiannually on June 30 and December 31. The bonds are issued to yield 8% a) Looking at the rates involved, will this bond sell at a discount or premium? b) Calculate the issue price of the bonds in dollars c) Calculate the issue price of the bonds as a percent d) Make the journal entry to record the sale of the bond