Question: pleass answer if you sure other wise skip it A $85,000, 8.50% bond redeemable at par, with annual coupon payments, is purchased 8 years before

pleass answer if you sure other wise skip it

pleass answer if you sure other wise skip it A

A $85,000, 8.50% bond redeemable at par, with annual coupon payments, is purchased 8 years before maturity to yield 4.50% compounded annually. a. What was the purchase price of the bond? $0.00 Round to the nearest cent b. What was the amount of discount or premium on the bond? amount is $0.00

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