A $200,000 issue of twelve-year bonds redeemable at par offers 9.16% coupons payable quarterly. What is the premium or discount and the purchase price of the bonds to yield 7.3% compounded annually? (a) The premium is $|| . (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) A $80,000 bond bearing interest at 3% payable annually is bought six years before maturity to yield 3.35% compounded semi-annually. If the bond is redeemable at par, what is the purchase price? The purchase price of the bond is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)