B C E F G H K 25. On 1 July 2022 Rankin Ltd issues $1 million in 10-year bonds that pay interest each six months at a coupon rate of 10 per cent. At the time of issuing the securities, the market requires a rate of return of 12 per cent. Interest expense is determined using the effective-interest method. REQUIRED (a) Determine the issue price. (b) Provide the journal entries at: (1) 1 July 2022 (ii) 30 June 2023 (iii) 30 June 2024. LO 10.6.. b Sheet1 here to search 18C (2)