Question: The bond schedule must include interest on book value, amount of discount accumulated, book value of bond and remaining discount. A $28,000 bond with interest

The bond schedule must include interest on book value, amount of discountThe bond schedule must include interest on book value, amount of discount accumulated, book value of bond and remaining discount.

A $28,000 bond with interest at 6.3% payable semi-annually and redeemable at par is bought two years before maturity to yield 9.4% compounded semi-annually. Compute the premium or discount and the purchase price, and construct the appropriate bond schedule. The is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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