A $1000, 8.0% bond redeemable at par in seven years bears coupons payable annually. Compute the premium or discount and the purchase price if the yield, compounded annually, is 6.5%, 7.5%, and 8.5%. The purchase price of the 6.5% yield bond is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) The 6.5% yield bond is sold at a premium of $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) The purchase price of the 7.5% yield bond is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) The 7.5% yield bond is sold at a premium of $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) The purchase price of the 8.5% yield bond is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) The 8.5% yield bond is sold at a discount of $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)