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A $300,000,6.50% bond redeemable at par, with semi-annual coupon payments, is purchased 11 years before maturity to yield 4.00% compounded semi-annually. a. What was the

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A $300,000,6.50% bond redeemable at par, with semi-annual coupon payments, is purchased 11 years before maturity to yield 4.00\% compounded semi-annually. a. What was the purchase price of the bond? Round to the nearest cent b. What was the amount of discount or premium on the bond? a. What was the purchase price of the bond? Round to the nearest cent b. What was the amount of discount or premium on the bond? amount is Round to the nearest cent

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