dont copy other answers becuase they are wromg. if answer all parts correctly i will upvote

Bond Carry. A 2 year bond with semi-annual coupon rate of 4% is trading at par (100%). (a) What is its spot semi-annual yield? (b) Assume one can borrow at 3% p.a. simple interest rate for 3 months (0.25 years) to purchase this bond on a leveraged basis. What is the forward price for 3-month forward delivery? (c) Use the 3-month forward price to calculate its forward yield, i.e., its semi-annual yield on the forward date based on the above forward price. Note that in 3 month, the bond will be in the middle of the coupon period with 21 months left to maturity. Use Formula 2.3 with 0.5. (d) A positive carry trade is one where the yield is higher than the fi- nancing cost. For bonds, a positive carry trade leads to positive yield carry defined as the difference between the forward yield and the spot yield. Is purchase of this bond a positive carry trade? (e) Recalculate the forward yield if the 3 month borrowing rate is 5%. Is the yield carry positive? W = Bond Carry. A 2 year bond with semi-annual coupon rate of 4% is trading at par (100%). (a) What is its spot semi-annual yield? (b) Assume one can borrow at 3% p.a. simple interest rate for 3 months (0.25 years) to purchase this bond on a leveraged basis. What is the forward price for 3-month forward delivery? (c) Use the 3-month forward price to calculate its forward yield, i.e., its semi-annual yield on the forward date based on the above forward price. Note that in 3 month, the bond will be in the middle of the coupon period with 21 months left to maturity. Use Formula 2.3 with 0.5. (d) A positive carry trade is one where the yield is higher than the fi- nancing cost. For bonds, a positive carry trade leads to positive yield carry defined as the difference between the forward yield and the spot yield. Is purchase of this bond a positive carry trade? (e) Recalculate the forward yield if the 3 month borrowing rate is 5%. Is the yield carry positive? W =