Answer part a and b

A $9,000 bond that carries a 3.50% coupon rate payable semi-annually is purchased 8 years before maturity when the yield rate was 4.50% compounded semi-annually. a. Calculate the purchase price of the bond. $ $0.00 Round to the nearest cent b. What is the amount of discount or premium on the bond? amount is $0.00 Round to the nearest cent