A $5,500 bond had a coupon rate of 5.75% with interest paid semi-annually. Jordan purchased this bond when there were 8 years left to maturity and when the market interest rate was 6.00% compounded semi-annually. She held the bond for 3 years, then sold it when the market interest rate was 5.50% compounded semi-annually. a. What was the purchase price of the bond? $0.00 Round to the nearest cent b. What was the selling price of the bond? $0.00 Round to the nearest cent c. What was Jordan's gain or loss on this investment? amount was $ $0.00 . Next Question