Homework (9-19 Saved Help Save & Exit Subr Check my work Required information Exercise 9-19A Calculate the issue price of bonds (LO9-7) [The following information applies to the questions displayed below.] Part 1 of 3 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 1.25 through a small tunnel at the bottom. points 00:26-58 Exercise 9-19A Part 1 Required: eBook 1-a. If the market rate is 6%, calculate the issue price. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round interest rate factors. Enter your answers in dollars not in millions. Round your final answers to the nearest whole dollar.) Hint Bond Characteristics Amount Face amount $ 26:190,000 Print Interest payment Periods to maturity Market interest rate References Issue price