A $7,000,000 issue of a 30-year bond, redeemable at par, offers 9.50% coupons payable semi-annually. The bond yields 5.50% compounded monthly. a. What was the purchase price of the bond, if it was purchased 15 years before maturity? $18,790,780.14 (x Round to the nearest cent Monica purchased an annuity that had an interest rate of 3.25% compounded semi- annually. It provided her with payments of $3,000 at the end of every month for 4 years. If the first withdrawal is to be made in 5 years and 1 month, how much did she pay for it? $0.00 Round to the nearest cent