Question 2 of 4 A $9,000 bond had a coupon rate of 5.50% with interest paid semi-annually. Heather purchased this bond when there were 8 years left to maturity and when the market interest rate was 5.75% compounded semi-annually. He held the bond for 3 years, then sold it when the market interest rate was 5.25% compounded semi-annually. a. Calculate the purchase price of the bond. Round to the nearest cent b. Calculate the amount that Heather received when he sold the bond. WELE Question 2 of 4 compare We warme then sold it when the market interest rate was 5.25% compounded semi-annually. We were a. Calculate the purchase price of the bond. Round to the nearest cent b. Calculate the amount that Heather received when he sold the bond. Round to the nearest cent > SAVE PROGRESS SUBMIT