Current Attempt in Progress Lucy Lampkin wants to purchase a bond with a face value of $7,000 and a bond rate of 5.5 percent per year, payable at 2.75 percent semiannually. The bond has a remaining life of 5 years. If Lucy wants to earn at least 7 percent per year compounded semiannually, what is the maximum price she would be willing to pay to purchase the bond? $ Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is 15