A $4,500 bond had a coupon rate of 5.30% with interest paid semi-annually. Alexandra purchased this bond when there were 6 years left to maturity and when the market interest rate was 7.50% compounded semi-annually. She held the bond for 3 years, then sold it when the market interest rate was 3.40% compounded semi-annually. a. Calculate the purchase price of the bond. $3,997.95 a. Calculate the purchase price of the bond. $3,997.95 $2,893.05 $1,135.58 $4,028.63 b. Calculate Alexandra's selling price. $4,238.39 $4,067.12 $4,741.90 $674.79 c. Calculate her gain or loss on this investment. $460.79 $713.27 $1,174.07 $240.44