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A $ 1 6 0 comma 0 0 0 issue of eight - year bonds redeemable at par offers 7 . 0 2 % coupons

A $160 comma 000 issue of eight-year bonds redeemable at par offers 7.02% coupons payable monthly. What is the premium or discount and the purchase price of the bonds to yield 7.3% compounded quarterly question mark
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Part 1
(a) The
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.

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