(ili) 30 June 2016 . 20 On 1 July 2014 Bombo plc issues 2 million in six-year debentures that pay interest each six months at a coupon rate of 8 per cent. At the time of issuing the securities, the market requires a rate of return of 6 per cent. Interest expense is determined using the effective interest method. LO 9.6 REQUIRED (a) Determine the issue price. (b) Provide the journal entries at: (0) 1 July 2014 (ii) 30 June 2015 (iii) 30 June 2016 in ten-year deber