Question: Please expain step by step, and give all formulas The coupon bond with 2 years to maturity pays monthly coupon at the interest rate 3

Please expain step by step, and give all formulas The coupon bond with 2 years to maturity pays monthly coupon at the interest rate 3% p.a.
The face value of this bond is 2500 GBP. The current price of this bond is equal to face
value.
a) Calculate the monthly coupon for this bond, the current yield and the YTM of this bond.
b) What should be the price of a zero-coupon bond with the nominal value of 10000 GBP
and 2 years to maturity that will give the same (equivalent) yield as the coupon bond in a).
c) Find the price of the coupon bond from a) after 15 days. Calculate clean and dirty price.
Provide also the accrued interest. What would you suggest to investor if the current
quotation on the stock exchange is: 100.10(%).
Please

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