Exercise 9-21 (Algo) Calculate the issue price of bonds (LO9-7) [The following information applles to the questions displayed below] On January 1, 2024, Adventure Worid issues $39.9 million of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. The proceeds will be used to butld a new ride that combines a roller coaster, a water ride, a dark tunnel, and the great smell of outdoor barbeque, all in one ride. Exercise 9-21 (Algo) Port 1 Required: 1-a. If the market rate is 6%, calculate the issue price. (FV of \$1, PV of \$1, FVA of \$1, and PVA of \$1). 1.b. Will the bonds issue at face amount, a discount, or a premium? Complete this question by entering your answers in the tabs below. If the market rate is 6%, calculate the issue price. (FV of \$1, PV of \$1, FVA of \$1, and PVA of \$1) (Use appropriate factor(s) from the tables provided. Enter your answers in dollars not in millions (f.e., $5.5 million should be entered as 5,500,000). Round your final answers to the nearest whole dollar) Required Information Exercise 9-21 (Algo) Calculate the issue price of bonds (LO9-7) [The following information applies to the questions displayed below] On January 1, 2024, Adventure Worid issues $39.9 million of 7% bonds, due in 10 years, with interest payable semlannually on June 30 and December 31 each year. The proceeds will be used to bulld a new ride that combines a roller coaster, a water ride, a dark tunnel, and the great smell of outdoor barbeque, all in one ride. Exercise 9-21 (Algo) Part 2 2-a. If the market rate is 7%, calculate the issue price. (FV of $1. PV of $1. PVA of $1, and PVA of $1) 2.b. Will the bonds issue at face amount, a discount, or a premium? Complete this question by entering your answers in the tabs below. If the market rate is 76 , calculate the issue price.(FV of \$1, DV of $1. FVA of \$1, and PVA of \$1) (Uae appropriate factor(s) from the tables provided. Enter your answers in dollars not in millions (1,0,5.5.5 million should be entered as 5,500,000). Round your final answers to the nearest whole dollar.) Exercise 9-21 (Algo) Calculate the issue price of bonds (LO9-7) [The following information applies to the questions displayed below] On January 1, 2024, Adventure World issues $39.9 million of 7% bonds, due in 10 years, with interest payable semlannually on June 30 and December 31 each year. The proceeds will be used to bulld a new nde that combines a roller coaster, a water ride, a dark tunnel, and the great smell of outdoor barbeque, all in one ride. Exercise 9-21 (Algo) Part 3 3. a. If the market rate is 8%, calculate the issue price. (FV of $1, PV of $1. EVA of \$1, and PVA of \$1). 3.b. Will the bonds issue at face amount, a discount, or a premium? Complete this question by entering your answers in the tabs below. If the market rate is 896 , calculate the issue price. (FV of \$1, PV of \$1, FVA of \$1, and PVA of \$1) (Use appropriate factor( (s) from the tables provided. Enter your answers in dollars not in millions (i.e. $5.5 million should be entered as 5,500,000). Round vour final answers to the nearest whole dollar.)