On January 1, 2021, Water Wonderland issues $30 million of 7% bonds, due in nine years, with interest payable semiannually on June 30 and December 31 each year. Use PV of $1 and PVA of $1. 1. If the market rate is 6%, 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 bonds issue at and the issue price is 2. If the market rate is 7%, 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 bonds issue at and the issue propis 3. If the market rate is 8%, 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 bonds issue at and the issue price is TABLE 2 Present Value of $1 $1 PV = NI 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 5.0% 5.5% 6.0% 7.0% 8.09 9.0% 10.0% 11.09 12.0% 13.0% 1 0.00010 0.98522 0.98039 0.97561 0.97087 0.96618 0.96154 0.95694 0.95278 0.94787 0.94340 0.93458 0.92503 0.01743 0.00000 0.00090 0.80286 0.88496 2 0.98030 0.97066 0.96117 0.95181 0.94260 0.93351 0.92456 0.91573 0.90703 0.89845 0.89000 0.87344 0.85734 0.84168 0.82645 0.81162 0.79719 0.78315 3 0.97050 0.95632 0.94232 0.92860 0.91514 0.90194 0.88900 0.87630 0.86384 0.85161 0.83962 0.81630 0.79383 0.77218 0.75131 073119 0.71178 0.80305 4 0.96098 0.94218 0.92385 0.90595 0.88849 0.87144 0.85480 0.83856 0.82270 0.80722 0.79209 0.76290 0.73503 0.70843 0.68301 0.65873 0.63552 0.61332 5 0.95147 0.92826 0.90573 0.88385 0.86261 0.84197 0.82193 0.80245 0.78353 0.76513 0.74726 071299 068058 0.64993 0.62092 0.593450.56743 054276 6 0.04205 0.91454 0.89797 0.86230 0.83748 0.81350 0.79031 0.76790 0.74622 0.72525 0.70496 0.66634 0.63017 0.596270.56447 0.53464 0.50663 0.48032 7 0.93272 0.00103 0.87056 0.84127 0.81300 0.78590 0.75092 073483 0.71068 0.40744 0.66506 062275 0.58340 0.54703 0.51316 045166 0.45235 0.42506 8 0.92348 0.88771 0.85349 0.82075 0.78941 0.75941 0.73069 070310 0.67684 0.45160 0.62741 0.58201 0.54027 0.50187 0.46651 043393 0.40388 0.37616 9 091434 0.87459 0.83676 0.80073 0.76642 0.73373 0.70259 0.67290 064461 0.61763 0.59190 0.54393 0.50025 0.46047 0.42410 0.39092 0.36061 0.33268 10 0.90529 0.86167 0.82035 0.78120 0.74409 0.70892 0.67556 0.64393 0.61391 0.58541 0.55830 0.50835 0.46319 0.42241 0.31554 0.35218 0.32197 0.20459 11 0.89632 0.34893 0.80426 0.76214 0.72242 0.68495 0.64958 0.61620 0.5848 0.55491 0.52679 0.47509 042898 0.38753 0.35049 0.31728 0.28748 0.25070 12 0.88745 0.83639 0.78049 0.74356 070138 0.66178 0.62460 0.50966 0.55684 0.52598 0.49597 0.44401 0.39711 0.35553 0.31853 0.28584 0.25668 0.23071 13 0.87866 0.82403 0.77303 0.72542 0.68095 0.63040 0.60057 0.56427 0.53032 0.49856 0.46804 0.41496 0.36770 0.32618 0.20966 025751 0.22017 0.20416 14 0.86996 0.81185 0.75788 0.70773 0.66112 0.61778 0.57748 0.53997 0.50507 0.47257 0.44230 0.38782 0.34046 0.20925 0.26333 0.23199 0.20462 0.15068 15 0.86135 0.70085 0.74301 0.69047 0.64186 0.59680 0.55526 0.51672 0.48102 0.44703 041727 0.36245 0.31524 0.27454 0.23990 0.200000.18270 0.15090 16 0.85282 0.78803 0.72845 0.67362 0.62317 0.57671 0.53391 0.40447 045811 0.42458 0.39365 0.33873 0.29199 0.25187 021763 0.18829 0.16312 0.14150 17 0.84438 0.77639 0.71416 0.65720 0.60502 0.55720 0.51337 0.47318 0.43630 0.40245 0.37136 0.31657 0.27027 023107 0.19784 0.16963 0.14564 0.12522 18 0.83602 0.76491 0.70016 0.84117 0.58739 0.53836 0.49363 0.45280 0.41552 0.38107 0.35034 0.29586 0.25025 0.21190 0.17986 0.15282 0.13004 0.11081 19 0.82774 0.75361 0.68643 0.42553 0.57029 0.52016 0.47464 0.43330 0.39573 0.36158 0.33051 0.27651 0.23171 010449 0.16351 0.13768 0.11611 0.09806 20 0.81954 0.74247 0.67297 0.61027 0.55 0.50257 0.45639 0.41464 0.37690 0.34273 0.311800.25042 0.21455 0.17843 0.14864 0.12403 0.10367 008670 21 0.81143 0.73150 0.65078 0.595.39 0.53755 0.48557 0.43883 0.39679 0.35894 0.12486 0.29416 0.24151 0.19866 0.16370 0.13513 0.11174 0.00256 0.07610 22 0.80340 0.72059 0.64684 O 58086 0.52189 0.46915 0.42196 0:379700.34185 0.3079) 0.27751 0.22571 0.18.394 015018 0.12255 0.10067 0.06264 0.067 23 0.79544 0.71004 0.63416 0.56670 0.5066 0.45329 0.40573 0,36335 0.32557 0.29187 0.26100 0.21095 0.17032 0.13778 0.1116 0.000600.07379 0.06014 24 078757 0.00054 0.62172 0.55288 0.49193 0.4379 0.30012 0.34770 0.31007 0.77 024698 0.19715 0.15770 0126400.10153 0.08170008005323 25 0.77977 0.40921 0.60953 053930 0.47761 042315 0.37512 0.33273 0.29530 0.25223 0.23300 0.184.25 0.14602 0.11597 0.09230 0.07361 005882 0.04710 30 0.74192 0.63976 0.55207 0.47674 0.41199 0.35628 0.300.32 0.26700023138 0.20064 0.17411 0.13137 0.09930007537 0.05731 000 003318 0.025 35 0.70501 050387 0.50003 0.42137 0.35538 0.20990 0.25M2 0.21425 0.18129 0.15352 0.12011 0.0966 0.06763 001009 0.0355 0.02502 0.01904 0.0138 40067165055126 0.45289 0.37243 0.30656 025257 0.200.20 0.17193 0.14205 0.11746 0.09722 0.04678004603 003184 0.03209 0.01538 0.01075 0.00753 45 0.69905 0.51171 0.41020 0.2017 0.26444 0.21266 0.17120 0.13796 0.11130 0.09988 0.07265 0.01761 0.03133 0.02049 0.01372 0.00013 0.00610 0.00000 50 0.60804 0.47500 0.37153 0.29094 0.22811 0.17005 0.14071 0.11091 0.08720 0.06877 005429 0.03.395 002132 0.01345 0.00052 0.00542 0.00346 0.00222 2.5% TABLE 4 Present Value of an Ordinary Annuity of $1 1 - PVA = MI 1.0% 1.5% 2.0% 3.0% 3.5% 4.0% 4.5 5.0% 5.5% 6.0% 7.09% 8.ON 9.00 10.0% 11.0% 12.0% 13.0% 1 0.00010 0.00522 0.98039 0.97561 0.97087 0.96618 0.96154 0.95694 0.95238 0.04787 0.04140 0.03458 0.92503 0.01743 090909 0.00090 0.89286 0.85495 2 1.97040 1.95580 1.94156 1.92742 1.91347 1.89969 1.88609 1.87267 1.85941 134632 183339 1.80802 1.78326 1.75011 1.73554 1.71252 169005 1.66810 3 2.94099 2.91220 2.08389 2.85602 2.82861 2.80164 277509 274396 272325269793 2.67301 242432 2.57710 2.53129 248405 244371 240183 2.36115 4 3.90197 3.85430 2.007733.76197 3.71710 3.67308 3.62990 3.58753 3.54595 3.50515 3.46511 3.38721 3.31213 3.23972316087 3.10245 3.03735 2.97447 5 4.85343 4.78264 471346 4.64583 4.57971 4.5155 4.45182 4.389984.32948 427028 4.21236 4.10020 3.99271 3.82965 2.79079 3.69500 3.60178 3.51723 65.79548 5.89719 5.60143 5.50813 541719 5.32855 5.24214 5.157875.07560 4.99553 4.0172 4.76654 4.62288 4.48502 4.35526 4.23054 4.11141 2.90755 7 6.728196.59821 6.47199 6.34930 623028 6.11454 6.00205 5.89270579537 5.68297 5.58238 5.38929 5.20637 5.01295 4.86842 4.71220 4.56376 4.42261 8745168 7.48593 7.32548 7.17014 701960 6.87396 6.73274 6.50589646321 633457 6.20979 5.97130 5.74664 5.53482 5.33493 5146124.96764 4.79877 98.56602 8.36052 8.162247.97087778611 760760 7.43533 726879 7.10782 695220 6.00160 6.51523 6.246.09 5.09525 5.75902 5.53705 5.32825 5.13166 109.47130 9.22210 8.98250 8.75206 8.53020 8.31661 8.11090 7.91272 7.72173 7.53763 7.36000 702358 671008 641766 6 14457 5.09923 5.650225.42624 11 10.36763 10.07112 9.786850.51421 9.25262 0.00155 0.76048 8.520920.30641 8.00254 7.86667 749867 7.13096 6.80519 6.49506 6.20652 5.93770 5.68604 12 11.25508 10.90751 10.57534 10.25776 9.95400 9.66330 0.38507 0.11850 8.86325 8.61852 8.38384 7.94260 7.508 7.16073 6.81369 6,49216 6.10437 5.01765 13 12.13374 11.73153 11.34837 10.98319 10.63496 10.30274 0.08565 9.68285 0.0357 0.11708 8.85260 0.35765 7.90378748690 7.10336 6.74087 6.42355 6.12181 14 13.00370 12.54338 12.10625 11.69091 11.29607 10.02052 10.56312 10 22203.194.589459.20400 8.74547 0.244247.7615 7.360 6.00187 662017 6.30249 15 13.6505 13.14323 12.84926 12.38138 11.93794 11.51741 11.11830 107355 10.37966 10.03758 0.71225 0.10201 8.55048 8.06050 7.60608 7.10087 6.3101 646238 16 1471787 14.13126 13.57771 13.05500 12.56110 12.00412 11.65230 11 23402 10.83777 10.4216 10.10590446658.851378.31256 7.02371 7.37016 6.97.390 6.60388 17 15.56225 14.90765 14.29187 13.71220 13.16612 12.65132 12.16567 1170110 1127407 10.66461 10.47726 0.76322 9.12164 8.54363 8.02155 7.54879 7.11963 6.72000 18 16.39127 15.67256 14.99203 14.35336 13.75351 13.10968 12.65930 12.15000 11.60950 11.24607 10.12760 10.05000 0.37189 0.75563 6.20141 7.70162 7.2007 6.8091 19 1722601 16.42617 15.67046 14.97009 14.32300 13.70984 13.13994 12.59329 12.00532 11.60765 11.15812 1033560 9.60360 8.05011 8.36692 7.81929 7.36.570 403797 20 18.04555 17.16864 16.35143 15.50016 14.87747 14.21240 13.50033 13.00794 12.46221 11.05038 11.46192 10.50401 9.81815 0.12855 8.51356 7.96333 7.4504 7.02475 21 18.85698 17.90014 17.01121 16.18455 15 41502 14.69797 14.02916 13.40472 12 12115 12.27524 11.76108 1093553 10.016809.20224 689 2.07507 7.56200 7.10155 22 19.66038 18.62082 17.65805 16,76541 15.93692 15.16712 14.45112 13.78442 13.16300 12.58317 12.04158 1106124 10.20074 0.44243 8.77154 8.17574 7.64465 7.16951 23 20.45582 19.33086 18.29220 17.33211 16.44361 15.62041 14.85684 14.14777 13.48857 12.87504 12.30338 11 27219 10.37106 9.58021 8.80322 826643 7.71840 7.22966 24 21.24339 20.03041 18.91393 17.88199 16.93554 16,05037 15 24696 14.49540 13.79864 13.15170 12.55036 11 46933 10.52876 0.70661 8.68474 8.348147.78432 7.28288 25 22.02816 20.71961 19.52346 10.42433 1741315 16.40151 15.62208 14,82821 14.09394 13.41393 1278336 1165358 10.674789.82258 0.07704 8.421747.80314 7.32998 30 25.80771 24.01584 22.39546 20.93029 19.40044 18.39205 17.29203 16.28690 15,37245 14.53375 13.76483 1240904 11.25778 10.27365 0.42691 8.69379 8.05518 7.49565 35 29 40858 27.07550 24.90862 23.14516 21 48722 20.00066 18.66461 17.46101 16.37419 15.30055 14.49825 12.044767 11.65457 10.56482 9.64416 8.85524 8.17550 7.58557 40 32,83469 20.91585 27.35548 25.10278 23.11477 21.35507 19.79277 18.40150 17.15909 16.04612 15.04630 13.33171 11.92461 10.75736 9.77905 8.95105 8.24378 763038 45 35.00451 3255234 29.49016 26.83202 24.51871 22.49545 20.72004 19.15615 17.77407 16.54773 15.455831340552 12.10840 10.38120 2.84281 0.00791 8.21252 7.66086 50 39.19612 34.99960 31.42361 28.36231 25.72976 23.45562 21.48218 19.76201 18.25593 16.93152 15.76186 13.80075 12.23348 10.96168 0.01401 0.04165 8.30450 7.67524