I have probably an easy question that needs answered. I get two tries and then it will move me onto the next question. I would like for a few of the questions to be answered if at all possible. If you can help me with all of the questions I will raise the amount of points awarded and give you them all for helping me with the entire thing. Here is the first part.

On February 28, 2012, Marlin Corp. issues 8%, 10-year bonds payable with a face value of $900,000. The bonds pay interest on February 28 and August 31. Marlin Corp. bonds by the straight-line method.

Requirement 1. If the market rate is 7% when Marlin Corp. issues its bonds, will the bonds be priced at par, at premium, or at a discount? Explain. (All you have to do here is help me choose the right answer for each blank)

The 8% bonds issued when the market interest rate is 7% will be priced at _____(a discount, a premium, or par (maturity) value). They are ___ (attractive or unattractive) in this market, so investor will pay _____ (less than maturity value, maturity value, or more than maturity value) to aquire them.