(15 marks) A bond that pays semi-annual coupons at j2=4% has coupon payments of $500. The bond is redeemable at 105 on Sept 18, 2030. a) (3 marks) The bond was purchased by Sam Jones on September 18th, 2015 at a price P, to yield ja = 5%. Calculate P. c) (4 marks) Sam sells the bond to another investor on March 18, 2020 (just after the coupon is paid that day) for a quoted price of q = 102.7. Using the method of averages, what yield rate, ju did Sam earn over the time he owned the bond? (15 marks) A bond that pays semi-annual coupons at j2=4% has coupon payments of $500. The bond is redeemable at 105 on Sept 18, 2030. a) (3 marks) The bond was purchased by Sam Jones on September 18th, 2015 at a price P, to yield ja = 5%. Calculate P. c) (4 marks) Sam sells the bond to another investor on March 18, 2020 (just after the coupon is paid that day) for a quoted price of q = 102.7. Using the method of averages, what yield rate, ju did Sam earn over the time he owned the bond