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A $28,000 bond with interest at 5.1% payable semi-annually and redeemable at par is bought two years before maturity to yield 8.2% compounded semi-annually. Compute

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A $28,000 bond with interest at 5.1% payable semi-annually and redeemable at par is bought two years before maturity to yield 8.2% compounded semi-annually. Compute the premium or discount and the purchase price, and construct the appropriate bond schedule. The is s (Rou r to the nearest cent as needed. Round all intermediate values to six decimal places as need premium he bond is $ discount (Rou r to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Calculate the schedule. Round each answer to the nearest cent. The 1 End of Interest Payment Interval 0 Bond Interest Received (Coupon) b=2.55 % Interest on Book Value at Yield Rate i = 4.1% Amount of Discount Accumulated Book Value Remaining of Bond Discount 26,428.33 1,571.67 Enter your answer in each of the answer boxes. ? The purchase price of the bond is (Round the final anewer to the nearest centas nooded, Round all intermediate values to decimal places as needed) Calculate the schedule Round each answer to the nearest cont. Bond Interest Received (Coupon) b-255% End of Interest Payment Interval g 1 Interest on Amount of Book Value Discount at Yield Rate Accumulated 14.1% Book Value Remaining of Bond Discount 26.428.33 1571.87 2 71400 754.00 714.00 E 3 4 714.00

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