Close Date: Sun, Dec 10, 2023 11:59 PM\ Question 2 of 4\ A bond that has a face value of

$4,500

and coupon rate of

3.50%

payable semi-annually was redeemable on July 1,2021 . Calculate the purchase price of the bond on February 10, 2015 when the yield was

4.25%

compounded semi-annually.

A bond that has a face value of $4,500 and coupon rate of 3.50% payable semi-annually was redeemable on July 1,2021 . Calculate the purchase price of the bond on February 10, 2015 when the yield was 4.25% compounded semi-annually