A $$$$160$ comma $000$ issue of nine$-$year bonds redeemable at par offers $8\mathrm{.}48\%$ coupons payable semi dash annually. What is the premium or discount and the purchase price of the bonds to yield $8\mathrm{.}5\%$ compounded annually question mark

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Part $1$

$($a$)$ The

$$

premium

discount

is $$$

$$

enter your response here.

$($Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as$$ needed.$)$

Part $2$

$($b$)$ The purchase price of the bond is $$$

$$

enter your response here.

$($Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as$$ needed.$)$