A $2,500 bond had a coupon rate of 6.50% with interest paid semi-annually. Cody purchased this bond when there were 7 years left to maturity and when the market interest rate was 7.50% compounded semi-annually. He held the bond for 2 years, then sold it when the market interest rate was 3.50% compounded semi-annually. Calculate Cody's selling price. a. $739.47 b. $2,841.30 c. $2,397.34 d. $2,101.82