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A 40 year bond with a par value of 100,000 matures at par. The semi-annual coupons are paid at a rate of 10.0% convertible

A 40 year bond with a par value of 100,000 matures at par. The semi-annual coupons are paid at a rate of 10.0% convertible semi-annually. The bond is bought to yield 7% convertible semi-annually. Calculate the amortization of premium in the coupon paid at the end of the 15th year of this bond. (Round your answer to the nearest two decimal places)

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