A$270,000 issue of eight-year bonds redeemable at par offers 6.52% coupons payable quarterly. What is the premium or discount and the purchase price of the bonds to yield 7.1% compounded semi-annually? (a) The (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed) (b) 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.)