May I ask for comprehensive steps for part a b

Part B (10 points) Sinbad Co. Lid. is a company specializing in the production of high-end yachts for the billionaires. In order to expand its business, Sinbad wants to raise further debt capital and is about to issue 300,000 20-year bonds with 5% annual coupons and a face value of $1,000 each. A similar issue already outstanding is a par-value bond that offers a 6% annual coupon with the same face value. One year later, the market yield for this new bond has dropped by 1 percentage point. Required a. At what price should Sinbad sell its new bonds (at time 0)? (5 points) b. Compute the realized yield over this one year holding period. (5 points) ( cd