Required information [The following information applies to the questions displayed below.] On January 1, 2024, Adventure World issues $39.3 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. 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. Will the bonds issue at face amount, a discount, or a premium? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 3a Req 3b S If the market rate is 8%, calculate the issue price. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropri factor(s) from the tables provided. Enter your answers in dollars not in millions (i.e., $5.5 million should be entered 5,500,000). Round your final answers to the nearest whole dollar.) Bond Characteristics Face amount Interest payment Number of periods Market interest rate Issue price Amount $ EA EA 39,300,000 1,375,500 20 4.0% 40,426,338 X