The company issues 8.0 % 10-year bonds with a total face amount of $1,000,000 with interest paid semi-annually. The market rate of interest is 8.4%. n % PV PVA 10 8.00% 0.46319 6.7101 10 8.40% 0.44638 6.5907 20 4.00% 0.45639 13.5903 20 4.20% 0.43918 13.3528 ROUND ANSWERS TO NEAREST DOLLAR 1. What is the issue price of the bond? $ 2. What was the amount of the premium or discount: $ 3. What is the interest expense for the first interest payment? $ 4. What is the bond liability after the first interest payment? $ 5. What is the interest expense for the second interest payment? $