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  3. on january 1, 2021. water wonderland issues $10 mi

On January 1, 2021. Water Wonderland issues $10 million of 5% bonds, due in six...

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Accounting

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On January 1, 2021. Water Wonderland issues $10 million of 5% bonds, due in six years, with interest payable semiannually on June 30 and December 31 each year. Use Table 2 and Table 4 If the market rate is 4%, will the bonds issue at face amount, a discount, or a premium? Calculate the issue price, (Round "PV Factor" to 5 decimal places. Round other intermediate calculations and final answer to the nearest dollar amount. Enter your answer in dollars, not in millions.) The bondelse at premium and the inne prices 2. If the market rate is 5%, will the bonds issue at face amount o discount, or a premium? Calculate the issue price. (Round "PV Factor" to 5 decimal places. Round other intermediate calculations and final answer to the nearest dollar amount. Enter your answer in dollars, not in millions.) The bonds moet and the interiors

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