Question: Cant figure this one out at all. Please Help Problem 13-09 Evaluate the following pure-yield pickup swap: You currently hold a 15-year, AA-rated, 9,0% coupon

Cant figure this one out at all. Please Help

Problem 13-09 Evaluate the following pure-yield pickup swap: You currently hold a 15-year, AA-rated, 9,0% coupon bond priced to yield 12.0%. As a swap candidate, you are considering a 15-year, AA-rated, 11.5% coupon bond priced to yield 13.0%. (Assume reinvestment at 12.0%, $1,000 par value, semiannual coupons.) Do not round intermediate calculations. Round your monetary answers to the nearest cent and percentage answers and value of swap to two decimal places. You may use Appendix C to answer the questions. Dollar investment Annual coupon on one coupon Principal value at year end Total accrued Realized compound yield Value of swap: Current Bond $ $ $ $ $ % Candidate Bond $ $ $ basis points in one year $ $

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