Problem #3: 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 $563.27. Exactly one year ago, the amount for amortization of the premium was $534.04. Based on the relation between subsequent amounts for amortization of the principal, what was the original value of the premium? Problem #3: 13599.45 Answer correct to 2 decimals. Just Save Submit Problem #3 for Grading Attempt #4 Attempt #5 Problem #3 Your Answer: Your Mark: Attempt #1 292.30 0/2x Attempt #2 13603.46 0/2x Attempt #3 13599.45 0/2x Problem #3: 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 $563.27. Exactly one year ago, the amount for amortization of the premium was $534.04. Based on the relation between subsequent amounts for amortization of the principal, what was the original value of the premium? Problem #3: 13599.45 Answer correct to 2 decimals. Just Save Submit Problem #3 for Grading Attempt #4 Attempt #5 Problem #3 Your Answer: Your Mark: Attempt #1 292.30 0/2x Attempt #2 13603.46 0/2x Attempt #3 13599.45 0/2x