help Required information [The following information applles to the questions displayed below) On January 1, 2021, Wild
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Required information [The following information applles to the questions displayed below) On January 1, 2021, Wild Rapids Water Park Issues $40,5 million of 7% bonds to finance expansion. The bonds are due in 10 years, with Interest payable semiannually on June 30 and December 31 each year. Required: 1-a. If the market rate is 6%, calculate the issue price (FV of $1. PV of $1. FVA of S1, and PVA of S1 (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. Enter your answers in dollars not in millions. Round Market interest rate" to 1 decimal place. Round your final answers to the nearest whole dollar) Amount 40.500.000 $ Bond Characteristics Face amount Interest payment Periods to maturity Markonterest rate un price 10. The bonds will issue at O A Discount O A Premium Face amount ![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/07/6690781d31240_9646690781cb7a35.jpg)
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