dmar

okay, let me try again.
The second question states that it’s an accrual bond that pays at the bond’s maturity (you don’t receive your coupon payments until the end), so this makes it a bit different than a normal calculation. Normally, you will just receive par at maturity. The question is really just asking for the amount of accrued interest that you will receive at maturity.
So you could do the calculation with
PV = 1000
PMT = 0
I/Y = 2.5
N = 6
cpt FV –1159.69
but subtract your principle payment from that, and you’re left with the accrued interest of 159.69
Does that make sense?