Part 1 of t Line following information applies to the questions displayed below ebook . H On January 1, 2024, Frontier World issues $41 million of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. The proceeds will be used to build a new ride that combines a roller coaster, a water ride, a dark tunnel, and the great smell of outdoor barbeque, all in one ride. Required: 1-6. If the market rate is 8% calculate the issue price. (EV of $1. EV of SI. EVA of $1, and PVA of SD 1-b. Will the bonds issue at face amount, a discount, or a premium? Complete this question by entering your answers in the tabs below. Req 1 Req 1b Prin If the market rate is 8%, calculate the issue price. (FV of $1, PV of $1. FVA of 51, and PVA of $1) (Use appropriate factor(s) from the tables provided. Enter your answers in dollars not in millions (ie, $5.5 million should be entered as 5,500,000). Round your final answers to the nearest whole dollar.) Bond Characteristics Amount References Face amount S Interest payment $ 41,000.000 1,640.000 Number of periods 40 Market interest rate 4% Issue price 41.000.000 Req 1b >