Question: is this correct Coupon rate: 5.4% / 2 = 2.7% Semi-annual YTM (r): 4.5% / 2 = 2.25% Coupon payment: 2.7% * 1000 = 27

is this correct

Coupon rate: 5.4% / 2 = 2.7% Semi-annual YTM (r): 4.5% / 2 = 2.25% Coupon payment: 2.7% * 1000 = 27 Remaining bond payment (semi-annual): (15-1)*2 = 28 Bond Price = [27*(1-(1+0.0225)^-28))/0.0225]+[1000/(1+0.0225) ^28] = 1092.74 Present Value of Coupon: PV = 27*(1-(1+0.0225^-28)/0.0225) = 556.41 Current Bond Price = 1092.74 + 556.41 = 1649.15

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