Cassandra purchased a $6,500 bond that was paying a 5.75% compounded semi-annual coupon rate and had 7 more years to maturity. The yield rate at the time of purchase was 5.25% compounded semi-annually.

 

a. What was the purchase price of the bond? s0.00 Round to the nearest cent. b. What was the selling price of the bond? $0.00 Round to the nearest cent. c. What was Leah's gain or loss on this investment? (click to select) amount was $