19…

Both Bond Sam and Bond Dave have 6.5 percent coupons, make semiannual payments, and are priced at par value.SOLUTION Calculations relating to Band SAM
Since the bond is priced at Par, the coupon rate=YTM=6.5%. Coupon per period = 1000*6.5%*(6/12)= 32.5
Period : Years to maturity X 2 : 6
Calculation 01’…Finance