On January 1, 2021, Water Wonderland issues $10 million of 7% bonds, due in eight years, with interest payable semiannually on June 30 and December 31 each year. Use Table 2 and Table 4. 1. If the market rate is 6%, will the bonds issue at face amount, a discount, or a premium? Calculate the issue price. (Round "PV Factor" to 5 decimal places. Round other intermediate calculations and final answer to the nearest dollar amount. Enter your answer in dollars, not in millions.) The bonds issue at and the issue price is 2. If the market rate is 7%, will the bonds issue at face amount, a discount, or a premium? Calculate the issue price. (Round "PV Factor" to 5 decimal places. Round other intermediate calculations and final answer to the nearest dollar amount. Enter your answer in dollars, not in millions.) The bonds issue at and the issue price is 3. If the market rate is 8%, will the bonds issue at face amount, a discount, or a premium? Calculate the issue price. (Round "PV Factor" to 5 decimal places. Round other intermediate calculations and final answer to the nearest dollar amount. Enter your answer in dollars, not in millions.) The bonds issue at and the issue price is OP d by Quire TABLE 2 Present Value of $1 PV-1-P $1 5.3% 6.0% 7.0% 8.0% 9.0% 10.0% 11.0% 12.0% 13.0% 0.94787 094340 0.93458 092503 001743 090509 90000 089286 03496 0.89845 0.89000 0.87344 0.05734 0.04168 0.82645 081162 07719 078315 0.85161 083962 0.81620 0.79383 077218 075131 073119 071178 0305 0.80722 0.79209 0.76290 0.73503 0.70843 068301 045873 043552 041332 076513 074726 0.71299 048058 0.44092 0.62092 0.30345 0.56743 0.54276 wi 10% 1.3% 2.0% 2.8% 3.0% 3.5% 4.0% 45% 5.0% 1 0.99010 0.98522 000039 0.97561 0.07067 0.06418 006154 0.05604 0.05238 2 098030 0.97066 096117 0.95181 0.94260 0.93351 0.92456 0.91573 0.90703 3 0.97059 0.95632 0.04232 0.92860 0.91514 090104 0.89000 0.87630 0.86384 4 096098 0.94218 092385 0.90595 0.88840 0.87144 0.85480 0.83856, 0.82270 5 095147 0.92926 0.90573 0.88385 0.86261 0.84197 0.82192 0.80245 0.78353 094205 0.91454 088797 0.86230 0.83740 0.81350 0.79021 0.76790 0.74622 7 093272 090103 087054 0.84127 0.81309 0.79599 075992 073483 071068 092348 0.88771 0.85349 0.82075 0.79941 0.75941 073069 070319 067684 091434 087459 083676 080073 0.76642 0.73373 070259 0.47200 044461 10 090529 0.86167 082035 0.78120 0.74409 0.70892 067556 0.64393 0.41391 11 089612 084893 080426 076214 072242 0.68495 0.64958 0.61620 0.58468 0.55401 0.52679 0.47509 0.42808 0.38753 0.35049 031728 0.2874 0.26076 12 088745 083639 078049 074354 0.70128 0.66178 042460 0.58946 0.55604 0.52500 0.49607 0.44401 0.30711 0.35553 0.31843 0.20504 0.25468 0.23071 13 0476 082403 077303 0.72542 040095 0.62940 0.60057 0.56427 0.53032 0.40954 0.46884 041496 0.36770 0.32618 0.29966 0.25751 0.22917 6.20416 14 0.04996 0.81185 0.75708 0.70773 066112 0.61770 0.57740 0.53997 050507 0.47257 0.44230 0.38782 0.34046 0.29925 0.26333 0.23199 0.20462 0.18068 15 086125 079985 074301 040047 0.44186 0.50480 0.55526 0.51672 0.48102 0.44793 0.41727 0.36245 0.21524 0.27454 0.2399 020000 0.18270 2.15999 0.72525 070496 0.66634 0.63017 059427 0.56447 053464 050663 0.48032 068744 0.66506 0.62275 0.58349 054703 051316 048166 045235 042504 0.65160 062741 0.58201 0.54027 0.50187 0.46651 0.43393 0.40388 0.37616 0.41763 0.59190 0.54393 0.50025 044043 0.42410 0.39002 034041 033298 0.58543 0.55839 050835 0.46319 042241 030554 035218 032147 0.29459 0.30147 0.35034 0.29506 0.25025 0.36158 0.33051 0.27651 0.23171 0.34273 0.31180 0.25042 0.21455 023107 0.19784 0.16963 0.14564 0.12522 021100 0.17966 0.15282 0.13004 0.11001 019449 0.16351 013768 011411 009906 0.17843 0.14864 0.12403 010367 0.06678 16 0.95282 0.70003 0.72045 0.47362 062317 0.57671 0.53391 0.49447 0.45811 042458 0.39365 0.33073 0.29109 0.25187 021763 0.18829 0.14312 0.14150 17 084438 077639 071416 0.65720 0.40502 0.55720 051337 0.47318 0.43630 0.40245 0.37136 0.31657 0.27027 18 083602 076401 0.70016 0.44117 0.58730 0.53836 0.49363 0.45200 0.41552 19 082774 075361 0.68643 0.42553 0.57029 052016 0.47464 0.43330 0.39573 20 081954 0.74247 0.67297 061027 0.55368 0.50257 0.45439 0.41464 0.37609 21 081143 073150 0.65978 0.59539 0.53755 0.48557 0.43883 0.39679 0.35894 0.32486 0.29416 0.24151 019066 016370 013513 0.11174 0.04256 0.07680 22 0.80340 0.22069 0.64484 058086 0.52189 0.46915 042196 0.37970 0.34185 0.30793 0.27751 0.22571 0.18304 0.15018 0.12285 0.10067 0.08264 0.06796 23 0.79544 071004 0.63416 0.56670 0.50669 0.45329 0.40573 0.36235 0.32557 0.29187 0.26180 0.21095 017032 013778 0.11148 0.00069 0.07379 0.04014 24 078757 0.49954 042172 0.55288 0.49193 0.43796 0.39012 0.34770 0.31007 0.27666 0.24698 0.19715 0.15770 012640 0.10153 0.08170 0.06588 0.05323 25 077977 GAR921 0.40953 053939 0.47761 0.42215 0.37512 0.33273 029530 0.26223 0.22300 018425 014602 011597 0.09230 007361 005882 0.04710 30 074192 043976 055207 047674 0.41199 0.35628 0.30832 0.26700 023138 0.20064 0.17411 013137 0.09938 0.07537 0.05731 0.0436 00333 002557 25 0.70591 0.59387 050003 0.42137 0.35538 0.29998 0.25342 0.21425 0.18129 0.15352 0.13011 009366 0.06763 004899 0.03558 0.02592 0.01994 0.01388 40 0.47165 0.55126 0.45209 0.37243 0.30656 0.25257 0.20829 0.17193 0.14205 0.11746 0.09722 0.06678 0.0403 0.03104 0.02209 0.01538 001075 0.00753 45 063905 051171 041020 0.32917 0.26444 021266 0.17120 0.13796 0.11130 0.08988 0.07265 004761 000133 002069 0.01372 000913 0.00610 0.00409 JOONAA PIENA A 20011 0.17005 0.14071 0.11071 0.08720 0.06877 0.05429 0.03395 0.02132 0.01345 0.00052 0.00542 0.00346 0.00222 TABLE 4 Present Value of an Ordinary Annuity of $1 PVA- 13% 2.0% 7.0% 8.0% 9.0% 10.0% 11.0% 12.0% 12.0% 0.9345 0.92593 0.91743 090909 090090 0.9260 13002 1.78726 1.75911 1.73554 1.71252 149005 1.6810 262432 257710 253129 24885 244371 240183 236115 330721 131213 123972 316907 210245 1.03735 2.97447 1.38965 179079 349590 340478 351723 4.10020 3.99271 476454 462288 5.30929 5.20637 597130 574664 651523 624689 7.02358 671008 749967 7.13996 80519 649506 620652 5.9277054 794269 753600 716073 81369 649236 6.10437 5.01765 35765 7.90378 7.48690 7.10336 6.74967 6.42355612181 974547 24424 778615 7.36669 600187 642917630249 9.10791 8.55948 8.06069 7.60608 7.19087 6.81066 646238 448592 4.35526 423054 41114139975 5.03295 484842 4.71220 456374 442261 553482 533493 514612 496764 4.79877 599525 575902 553705 5.32825 51316 641766 614457 580023 545022 5.42624 M 10% 2.5% 3.0% 3.59 4.0% 4.5% 5.0% 5.5% 6.0% 1 0.00010 0.98522 098039 0.97561 0.97007 096618 0.96154 005604 0.95238 0.94787 0.94340 2 197040 1.0558 1.0415 102742 191347 139949 1880 187267 1.85941 184632 183339 3 294099 2.91220 2.98388 285602 28261 280164 277509 2.74096 272325 249793 247301 4 390197 185438 100773 276197 371710 167300 362990 258753 354505 350515 344511 NS 485343 478264 471346 46450 451971 451505 445102 430998 432948 4.27028 421236 6 5.79540 5.60719 560143 550013 541719 532855 524214 515787 507569 499553 491732 7 672819 59821 47199 634939 623020 11454 600205 5.99270 570637 5.88297 5.58238 7.45160 7.48593 7.32548 717014 201969 687396673274 659589 446321 633457 620979 98.56602 36052 16224 79707 779611 740769 743533 726879 730782 695220 680169 10 947130 9.22218 98259 75206 53020 831661 811090 791272 772173 753763 7.360091 11 1036763 10.07112 07845 0.51421 925242 900155 976048 952992 30641 809254 7.80687 12 11.25500 10,90751 10.57534 10.25776 9.95400 9.66333 9.38507 9.11858 86325 861052 638384 13 12.13374 1173153 11.34837 1098319 1063496 10.30274 9.98545 9.48285 9.39357 9.11708 885268 14 13.00070 12.54339 12.10625 11.60091 11.29602 10.92052 10.56312 10.22283 989864 959965 9.29400 15 13.86505 13.34323 12.84926 12.38138 1193704 11351741 11.31839 1072955 10.37966 10.03758 9.71225 16 14.71787 14.13126 13.57771 1305500 12.56110 12.09412 11.65230 11.23402 1083777 10.46216 10.10590 9.44665 85137 17 1556225 14,90745 14.29107 12.71220 12.16612 12.65132 12.16567 11.70719 11.27407 10.86461 10.47725 976322 9.12164 10 16.39827 15.67256 14.99203 14.35336 1375351 13.10960 12.65930 12.15999 11.60959 11.24607 10.82760 10.05909 9.37189 875563 19 17.22601 16.42617 15.67846 14.97000 14.32300 13.70984 13.13394 12.59329 12.00532 11.60745 11.15012 1033540 9.40360 8.95011 20 18.04555 17.16864 1635143 15.58916 14.87747 1421240 13.59033 13.00794 12.46221 11.95038 11.46992 1059401 931815 9.12855 21 1895498 17.90014 17.01121 1618455 1541502 14.69797 14.02916 13.40472 12.82115 1227524 1176408 10.83553 10.01680 22 1966038 18.62082 17.65005 16.76541 15.93692 15.16712 14.45112 1378442 13.16300 12.58317 12.04158 11.06124 10.20074 23 20.45582 19.33066 18.29220 17.33211 16.44361 15.62041 14.85604 14.14777 13.48857 1287504 12.30338 11.27219 10.37106 24 2124339 20.00041 1891393 17.85499 16.93554 16.05837 15.24696 14.49548 13.79864 13.15170 12.55036 11.46933 10.52876 25 2202316 2071961 19.52344 18.42438 17.41315 16.48151 1542208 14.82821 14.00304 1341293 12.78336 1165350 10.47478 30 25.80771 24.01564 22.39646 20.93029 1940044 18.39205 17.29203 16.2009 15.37245 1453375 1376483 12.40904 11.25776 10.27365 9.42691 849379 805518 7.49545 25 29 40858 27.07559 24.90842 2114516 21.4722 20.00066 1866461 17.46101 16.37419 15.30055 14.49825 12.94767 11 65457 10.36682 944416 85524 8.17550 7.58557 40 32.83469 29.91585 27.35548 25.10278 23.11477 21.35507 19.79277 18.40158 17.15909 1604612 15.04630 1333171 11.92461 10.75734 9.77905 95105 824378 743438 45 3609451 32.55234 29.49016 2683302 24.51871 22.49545 2072004 19.15635 1777407 1654773 15.45583 1340652 12.10040 10.88120 9.06291 9.00791 0.28252 7.6600s 50 39.19612 34.99969 31.42361 28.36221 25.72976 23.45562 21.48218 19.76201 18.2559) 1693152 15.76186 1380075 12.23348 10.96168 291481 904165 830450 767524 31256 7.82371 7.37916 6.97399 6.6038 854363 02155 7.54879 7.11963 672909 20141 7.70162 7.24967 683991 36492 7.83929 736578 693797 51356 7.96333 746944 7.02475 9.29224 864869 07507 7.56200 2.10155 9.44243 77154 17574 764445 7.16951 958021 88322 0.26643 7.71843 7.22964 9.70661 98474 34814 7.78432 7.28288 9.82258 9.07704 842174 7.34314 7.3290