21. $ (rounded to nearest dollar) A ten year bond issue with a face amount of $100,000 bears interest at the rate of 5.25%. The current market rate of interest is 5.20%. Determine the issue price of this annual bond. 22. Bond X and Bond Y are both issued by the same company. Each of the bonds has a face value of $100,000 and each matures in 10 years. Bond X pays 8% interest while Bond Y pays 7% interest. The current market rate of interest is 7%. Which of the following is correct? a. Both bonds will sell for the same amount. b. Bond X will sell for more than Bond Y. C. Bond Y will sell for more than Bond X. d. Both bonds will sell at a premium. 23. Given the information below, which bond(s) will be issued at a discount? Stated Rate of Return Market Rate of Return Bond 1 5% 7% Bond 2 7% 8% Bond 3 12% 12% Bond 4 10% 9% 24. % BAD Company issues 5.0%, 10-year bonds with a face amount of $500,000 on January 1, 2016 for $500,000. Interest is paid semiannually on June 30 and December 31. What was the market interest rate for the bond issuance