Question: Question 2 17 points) Saved A $3,700 bond pays interest at 3% compounded semi-annually. The bond is redeemable in 1 year 6 months, and is

Question 2 17 points) Saved A $3,700 bond pays interest at 3% compounded semi-annually. The bond is redeemable in 1 year 6 months, and is purchased to yield 4%. 1. Find the purchase price of the bond. 2. Calculate the premium or discount. 3. Construct the appropriate bond schedule, including the totals. Paragraph ... 1. Find the purchase price of the bond. PMT Setting N I/Y P/Y C/Y PV PMT 2. Calculate the premium or discount. 3. Construct the appropriate bond schedule, including the totals. Interest Premium Remaining Payment Bond on Book Amortized or Book Premium Interval Interest Value at Discount value or Yield Accumulated Discount

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