Required Information [The following information applies to the questions displayed below.) On January 1, 2021, Frontier World issues $40.7 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: 1-a. 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. 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 40,700,000 Bond Characteristics Face amount Interest payment Periods to maturity Market interest rate Issue price 1-b. The bonds will issue at A Discount O A Premium Face amount ! Required Information [The following information applies to the questions displayed below.] On January 1, 2021, Frontier World issues $40.7 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. 2-a. If the market rate is 9%, calculate the issue price. (FV of $1. PV of $1, FVA of $1, and PVA of $1) (Use approprlate 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 40,700,000 S Bond Characteristics Face amount Interest payment Periods to maturity Market interest rate Issue price 2-b. The bonds will issue at A Discount O A Premium Face amount