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please answer the blanks please fine the interest payment and the following open boxes below. (the open spaces for required 1) Required information [The following

please answer the blanks
image text in transcribed
image text in transcribed
please fine the interest payment and the following open boxes below. (the open spaces for required 1)
Required information [The following information applies to the questions displayed below] 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-a. If the market rate is 8%, calculate the issue price. (FV of $1. PV of $1. EVA of $1, and PVA of $1 ) 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. If the market rate is 8%, calculate the issue price. (FV of $1, PV of $1, FVA of $1, and PVA of \$1) (Use appropriate factor(s) from the tables provided. Enter your answers in dollars not in millions (i.e, $5.5 million should be entered as 5,500,000). Round your final answers to the nearest whole dollar.) Required: 1-a. If the market rate is 8%, calculate the issue price: (FV of $1,PV of $1,EVA of $1, and PVA of $1 ) 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. If the market rate is 8%, calculate the issue price. (FV of $1, PV of $1, FVA of $1, and PVA of \$1) (Use appropriate factor(5) from the tables provided. Enter your answers in dollars not in millions (i.e, $5.5 million should be entered as 5,500,000). Round your final answers to the nearest whole dollar.)

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