Requlred Information Exercise 9-21 (Algo) Calculate the Issue price of bonds (LO9-7) [The following informotion opplies to the questions displayed below] On January 1, 2024, Tropical World is sues $39.8 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 bulid a new ride that combines a roller coaster, a water nde, a dark tunnel, and the great smell of outdoor barbeque, all in one ride. Exercise 9-21 (Algo) Part 3 3.-. If the market rate is 9%, calculate the issue price. (EV of \$1, PV of \$1. EVA of S1, and PVA of S1) 3.b. Wili the bonds tssue at face amount, a discount, or a premium? Complete this question by entering your answers in the tabs below. 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. Enter your answers in dollors not in millions (1,e. \$5.5 miltion should be entered as 5,500,000): Round your tinal answers to the nearest whole dollae.)