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stuck on this please help. Required information Exercise 9-21 (Algo) Calculate the issue price of bonds (LO9-7) [The following information applies to the questions displayed

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Required information Exercise 9-21 (Algo) Calculate the issue price of bonds (LO9-7) [The following information applies to the questions displayed below] On January 1, 2024, Tropical World issues $40.8 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. Exercise 9-21 (Algo) Part 1 Required: 1-a. If the market rate is 6%, calculate the issue price. (EV of $1. PV of $1. EVA of S1, and PVA of 5) 1-b. Will the bonds issue at face amount, a discount, or a premium? Complete this question by entering your answers in the tabs below. Reg la Req 1 Req1b If the market rate is 6%, ke 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 ().e., $5.5 million should be entered as 5,500,000). Round your final answers to the nearest whole dollar.) Amount Bond Characteristics Face amount Interest payment Number of periods Market interest rate Issue price $ 40,000,000 Req 1b > es Required information Exercise 9-21 (Algo) Calculate the issue price of bonds (LO9-7) [The following information applies to the questions displayed below] On January 1, 2024, Tropical World issues $40.8 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. Exercise 9-21 (Algo) Part 2 2-a. If the market rate is 7%, calculate the issue price. (EV of $1. PV of $1. EVA of $1, and PVA of 5) 2-b. Will the bonds issue at face amount, a discount, or a premium? Complete this question by entering your answers in the tabs below. Reg 2a Reg 2b If the market rate is 7%, 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. $5.5 million should be entered as 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 40,000,000 Req2b > Required information Exercise 9-21 (Algo) Calculate the issue price of bonds (LO9-7) [The following information applies to the questions displayed below] On January 1, 2024, Tropical World issues $40.8 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 Exercise 9-21 (Algo) Part 3 3-a. If the market rate is 8%, calculate the issue price. (EV of $1. PV of $1. EVA of $1. and PVA of $3) 3-b. Will the bonds issue at face amount, a discount, or a premium? Complete this question by entering your answers in the tabs below. Reg 30 Reg 3b 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., $5.5 milion should be entered as 5,500,000). Round your final answers to the nearest whole dollar) Amount Bond Characteristics Face amount Interest payment Number of periods Market interest rate issue price S 40.800,000 Req3b>

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