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There is a bond on a company's books with an original term of 10 years that was purchased for a premium at its issuance, just over 2 years ago. The bond pays semi-annual interest. With the receipt of the latest coupon, the corresponding amount for amortization of the premium was $414.03. Exactly one year ago, the amount for amortization of the premium was $391.02. Based on the relation between subsequent amounts for amortization of the principal, what was the original value of the premium? 10584.26 Answer correct to 2 decimals. Just Save Submit Problem #3 for Grading Problem #3 Attempt #3 Attempt #4 Attempt #5 Attempt #1 230.10 Attempt #2 10584.26 Your Answer: Your Mark: 0/2x 0/2x There is a bond on a company's books with an original term of 10 years that was purchased for a premium at its issuance, just over 2 years ago. The bond pays semi-annual interest. With the receipt of the latest coupon, the corresponding amount for amortization of the premium was $414.03. Exactly one year ago, the amount for amortization of the premium was $391.02. Based on the relation between subsequent amounts for amortization of the principal, what was the original value of the premium? 10584.26 Answer correct to 2 decimals. Just Save Submit Problem #3 for Grading Problem #3 Attempt #3 Attempt #4 Attempt #5 Attempt #1 230.10 Attempt #2 10584.26 Your Answer: Your Mark: 0/2x 0/2x