Required Information Exercise 9-18A Calculate the issue price of bonds (LO9-7) The following information applies to the questions displayed below] On January 1, 2021, Frontier World issues $39.7 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. Exercise 9-18A Part 1 Required: 1-a. 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. Do not round Interest rate foctors. Enter your answers in dollars not in millions. Round "Market interest rate" to 1 decimal place. Round your final answers to the nearest whole dollar.) Bond Characteristics Amount Face amount 30.700,000 $ Interest payment Periods to maturity Market interest rate 40 4.0% issue price Next Required Information Exercise 9-18A Calculate the issue price of bonds (LO9-7) [The following information applies to the questions displayed below. On January 1, 2021. Frontier World issues $39.7 million of 9% bonds, due in 20 years, with interest payab on June 30 and December 31 each year. The proceeds will be used to build a new ride that combines a water ride, a dark tunnel, and the great smell of outdoor barbeque, all in one ride. Exercise 9-18A Part 2 2-a. If the market rate is 9%, calculate the issue price. (FV of $1. PV of $1, FVA of $1, and PVA of $1) (Use appropr tables provided. Do not round Interest rate factors. Enter your answers in dollars not in milllons. Round "Man decimal place. Round your final answers to the nearest whole dollar.) Bond Characteristics Amount Face amount $ 30.700 000 Interest payment Periods to maturity Market interest rate ssue price nces 9 Saved Required Information Exercise 9-18A Calculate the issue price of bonds (LO9-7) The following information applies to the questions displayed below On January 1, 2021, Frontier World issues $39.7 million of 9% bonds,. due in 20 years, with interest payable semiannuaily 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. Exercise 9-18A Part 3 3-a. If the market rate is 10%, calculate the issue price.(FV of $1, PV.of $ FVA of$1 and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round Interest rete factors. Enter your answers in dollars not in millons. Round "Market Interest rate" to 1 decimal plece. Round your finel answers to the nearest whole dollar.) Bond Characteristics Amount 30 700 000 Face amount nterest payment Periods to matunity Market interer ncas 4sus price