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23. What is the amount of premium/discount for a bond that has 4 years till it matures? The face value of the bond is $100 000 and it has a bond rate of 6.4% payable semi-annually. The bond is sold to yield 7.4% compounded semi-annually. A) $3408.47 B) $3840.47 C) $3048.47 D) $3084.47 24. Nick buys a $25 000, 5.4% bond with quarterly interest coupons, 3 years before maturity, to yield 7% compounded quarterly. Determine the premium or discount. A) $4698.55 premium B) $4698.55 discount C) $1073.95 premium H D) $1073.95 discount