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PLZ HELP Required information Exercise 9-19A Calculate the issue price of bonds (LO9-7) [The...

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Required information Exercise 9-19A Calculate the issue price of bonds (LO9-7) [The following information applies to the questions displayed below.] On January 1, 2021, Water World issues $26 million of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Water World intends to use the funds to build the world's largest water avalanche and the "tornado"- a giant outdoor vortex in which riders spin in progressively smaller and faster circles until they drop through a small tunnel at the bottom. Exercise 9-19A Part 3 3-a. If the market rate is 8\%, calculate the issue price. (FV of $1, PV of $1, FVA of $1, and (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. Round your final answers to the nearest whole dollar.)

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