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On January 1, 2021. Water Wonderland issues $10 million of 5% bonds, due in six years, with interest payable semiannually on June 30 and December

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On January 1, 2021. Water Wonderland issues $10 million of 5% bonds, due in six years, with interest payable semiannually on June 30 and December 31 each year Use PV of $1 and PVA of $1 1. If the market rate is 4%, will the bonds issue at foce 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.) and the issue price is The bands is at Show All items 2. If the market rate is 5%, 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.) and the issue price is The bonds is at

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