Question: John has purchased a bond for $950 that had 4% coupon and semiannual interest payments. He has sold the bond after 6 months and earned

John has purchased a bond for $950 that had 4% coupon and semiannual interest payments. He has sold the bond after 6 months and earned a total return of 5% on this investment.The face values of bonds are $1,000

a) How much coupon did John get?

b) At what price, did John sell the bond?

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