Required information [The following information applies to the questions displayed below.] On January 1, 2024, Ocean World issues $39.7 million of 9% bonds, due in 20 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. 2-a. If the market rate is 9%, calculate the issue price. Note: Use tables, Excel, or a financial calculator. FV of \$1, PV of \$1, FVA of \$1, and 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. If the market rate is 9%, calculate the issue price. Note: 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. Will the bonds issue at face amount, a discount, or a premium? Will the bonds issue at face amount, a discount, or a premium
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