Required information [The following information applies to the questions displayed below.] On January 1, 2024, Ocean 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. Required: -a. If the market rate is 8%, calculate the issue price. (FV of $1, PV of $1, FVA of $1, and -b. Will the bonds issue at face amount, a discount, or a premium? Complete this question by entering your answers in the tabs below. factor(s) from the tables provided. Enter your answers in dollars not in millions (i.e., $5.5 million should be entered as 5,500,000). Round your final answers to the nearest whole dollar.)