Question 2: On 1 July 2022 Bombo Ltd issues $2 million in six-year bonds that pay interest every six months at a coupon rate of 8 per cent. At the time of issuing the securities, the market requires a rate of return of 6 per cent. Interest expense is determined using the effective-interest method. A. Determine the issue price. B. Provide the journal entries at: 1. 1 July 2022 2. 30 June 2023 3. 30 June 2024