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it is business maths....please the answers should be typed and also show full solutions A $50,000 bond bearing interest at 5.5% payable semi-annually is redeemable

it is business maths....please the answers should be typed and also show full solutions

A $50,000 bond bearing interest at 5.5% payable semi-annually is redeemable at par on December 10, 2033. The bond is sold on the primary market on August 10, 2013, to yield 5.8% compounded semi- annually. Determine the amount of discount or premium on the sale of the bond

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