Imai Company issued a $1 million bond that matures in five years. The bond has a 9 percent coupon rate. When the bond was issued, the market interest rate was 8 percent. The bond pays interest twice per year, on June 30 and December 31. Use Table 8C.1, Table 8C.2. Required: 1. Record the issuance of the bond on June 30. (Round time value factor to 4 decimal places. Enter your answer in dollars not in millions. Round intermediate and final answers to the nearest whole dollar. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 2. Was the bond issued at a discount or at a premium? multiple choice Discount Premium