Required information [The following information apples to the questions displayed below.) On January 1, 2021, Frontier World issues $39.9 million of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. The proceeds will be used to build a new tide 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 6%, calculate the issue price. (EV of $1. PV of $1. EVA of $1, and PVA of) (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. 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.) Answer is complete but not entirely correct. Bond Characteristics Face amount Interest payment Periods to maturity Amount $ 39,900,000 S 1,396,500 20- Market interest rate 40% x Issue price $ 37,188,730x Pro 10 Required information The following information applies to the questions displayed below.] On January 1, 2021, Frontier World issues $39.9 million of 7% bonds, due in 10 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. 2-6. If the market rate is 7%, calculate the issue price. (EV of PV of $1 EVA of $1 and PVA of S1) (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. 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.) Amount Bond Characteristics Face amount $ 39,900,000 reerest payment Penods to maturity Market interest rate Issue price 13 3-8. If the market rate is 8%, calculate the issue price. (EV of $1 PV of $1. EVA of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. 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 $ 39,900,000 interest payment Periods to maturity Market interest rate Issue price 3-b. The bonds will issue al OA Discount OA Premium O Face amount