Required information [The following information applies to the questions displayed below.] On January 1,2024, Adventure World issues $39.6 miltion 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. 3-a. If the market rate is 8%, calculate the issue price. (FV of \$1, PV of \$1. FVA of \$1, and PVA of \$1) 3-b. Wil the bonds issue at face amount, a discount, or a premium? Complete this question by entering your answers in the tabs below. 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, Enter your answers in dollars not in millions (i.e, $5.5million should be entered as 5,500,000). Round your final answers to the nearest whole dollar.)