On September 1, 2024, Crane Corporation issued \( \$ 555,000 \) of 10-year, \( 3 \% \) bonds at 96 . Interest is payable semi-annually on September 1 and March 1. Crane's fiscal year end is February 28. (a) Your answer is correct. Is the market rate of interest higher or lower than \( 3 \% \) ? Market interest rate is than \( 3 \% \) eTextbook and Media List of Accounts Attempts: 1 of 2 usedRecord the issue of the bonds on September 1, 2024