Required information [The following information applies to the questions displayed below) On January 1, 2021. Wild Rapids Water Park issues $40.5 million of 7% bonds to finance expansion. The bonds are due in 10 years, with interest payable semiannually on June 30 and December 31 each year, 2-a. If the market rate is 7%, calculate the issue price. (FV of $1, PV of $1. FVA of S1, 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.) Amount $ 40,500,000 Bond Characteristics Face amount Interest payment Periods to maturity Market interest rate Issue price 2-b. The bonds will issue at A Discount A Premium Face amount