A 4,000, 8% bond with coupons payable quarterly on January 1, April 1, July 1, October 1 and will be redeemed on October 1, 1992.(Amortization of Premium) a. Find the purchase price of the bond on April 1, 1990 to yield 7% m=4. b. Construct a schedule of amortization of premium

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9. A 4,000, 8% bond with coupons payable quarterly on January 1, April 1, July 1, October 1
and will be redeemed on October 1, 1992.(Amortization of Premium)
a. Find the purchase price of the bond on April 1, 1990 to yield 7% m=4.
b. Construct a schedule of amortization of premium. 

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