Answer:

To find the periodic interest on a bond, you first need to determine the interest rate per period. Since the bond pays 4.5% interest in 6 months, the interest rate per period is 4.5% / 2 = 2.25%.

Next, you need to calculate the periodic interest by multiplying the bond's par value (Php 750,000) by the interest rate per period (2.25%).

Periodic Interest = Par Value x Interest Rate per period

Periodic Interest = 750,000 x 0.0225

Periodic Interest = Php 16,875

So the bond will pay Php 16,875 every 6 months.