cWhat will be the issue price of the bond if the marketido 2. A bond with a face value of $10,000 is issued at a discount of $800 on January 1, 2016. The face rate of interest on the bond is 7% a Was the market rate at the time of issuance greater than 7% or less than 7%? b. If a balance sheet is presented on January 1, 2016, how will the bonds appear on the balance sheet? Ifa balance sheet is presented on December 31, 2016, will the amount for the bonds be higher or lower than on January 1, 2016