On July 1, 2023. KHL Limited issued bonds with a face value of $1,070,000 due in 20 years, paying interest at a face rate of 9% on January 1 and July 1 each year. The bonds were issued to yield 11%. The company's year-end was September 30 . The company used the effective interest method of amortil in. Click here to view the factor table PRE I TVALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ORDINARY ANNUITY OF 1. (a) Using 1. factor Tables 2. a financial calculator, or 3. Excel function PV, calculate the premium or discount on the bonds. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.8. 5.275.) on bond