Given a bond that has a coupon rate of 6.5% and is matured on the 15 Dec 2013. Investor Purchases price and yield is respectively 109.217 and 2.530 and investor sales price and yield respectively 107.82 and 2.280. Ben bought this bond, which has $ 100000 face value on 13 July 2012 at the settlement price shown. Coupon interest payment is semi annual and these periods align with the maturity date so the last coupon coincides with the maturity payment. Verify that the cash flows agrees with the yield to maturity specified for this bond. Note the yield quoted is nominal based on a 6 month period.
Perhaps the first step is to list out its cash flows: The bond is bought at 109217 (Investor purchase) and the coupon payment is 100000 x (6.5%/2)= 3250. There are 3 periods between when the bond is bought and matured. I am not sure what to do next.