A $26,000,4% bond redeemable at par with interest payable annually is bought 5 years before maturity. Determine the premium or discount and the purchase price of the bond if the bond is purchased to yield (0) 3% compounded annually (b) 5% compounded annually (a) The (Round the final antwer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) The purchase price of the bond in 5 (Round the final answer to the nearest cont as needed Round all intermediate values to six decimal places as needed.) (b) The (Round the final answer to the nearest cont as needed. Round all intermediate values to sledecimal places as needed) The purchase price of the bond is 5 (Round the final answer to the nearest cant as needed Round all intermediate values to sledecimal places as needed.) Enter your answer in each of the answer boxes