On June 30,2024 , Flint Inc, sold $1,213,000 (face value) of bonds. The bonds are dated June 30,2024 , pay interest semi:annually on December 31 and lune. June 30,2027. The following schedule was prepared by the accountant for 2024: On the basis of the above information, answer the following questions. What is the contractual rate of interest for this bond issue? (Round answer to 2 decimaipleces, es. 275. What is the market rate of interest for this bond issue? (Round answer to 2 decimal places, eg 2.75.) Market rate of interest % Question Part Score What was the seling price of the bonds as a percentage of the face value? (Round arlswer to 2 decimal places ey. 2.75) Selling price of the bonds