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Required information The following information applies to the questions displayed below. On January 1, 2021, Frontier World Issues $39.2 million of 8% bonds, due in

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Required information The following information applies to the questions displayed below. On January 1, 2021, Frontier World Issues $39.2 million of 8% bonds, due in 15 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 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 39,200,000 $ Bond Characteristics Face amount Interest payment Periods to maturity Market Interest rate Issue price 2-b. The bonds will issue at O A Discount A Premium Face amount Required information [The following information applies to the questions displayed below! On January 1, 2021, Frontier World Issues $39.2 million of 8% bonds, due in 15 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 9%, 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 Bond Characteristics Face amount 39,200,000 Interest payment Periods to maturity Market interest rate Issue price 3-b. The bonds will issue at A Discount A Premium Face amount

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