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Reculied intormstion Exercise 9-21 (Algo) Calculate the issue price of bonds (LOO-7) IThe following infontatovi appies to the qoestions displayed below] On January 1, 2024,

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Reculied intormstion Exercise 9-21 (Algo) Calculate the issue price of bonds (LOO-7) IThe following infontatovi appies to the qoestions displayed below] On January 1, 2024, Tropicol World iscues 539.8 minon of 8% bonds, dus in 15 years, with interest payable serniannually on June 30 and December 30 eoch year. The proceeds wil be used to bulid onew itde that combines a rolle cooster a waternise, a dark tunnet, ond the great smell of outdoor barbeque, all in one nide. Exercise 9.21 (Algo) Port 1 Required: \$o. Wiit the bonds issue at face smount, o discount, or a premium? Complete this question by entering your answers in the tabs below. 5,560,000), Round rour final arowers to the nescest whole dollard

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