Hello,

I have to calcule the bond price based on the information on the image but i am not sure if what i did is correct:

Bond rate= 2.40%

YTM=2.15%

Maturity time= 10 years

Original Maturity= $5,500,000

Semi annual

Number of periods= 20

Coupon Payment= $132,000.00(Original maturity/Bond rate)

PV= $5,574,169.27

APPLE INC + ADD TO WATCHLIST Coupon Rate Maturity Date Symbol CUSIP Next Call Date Callable 2.400% 05/03/2023 AAPL 4001809 037833AK6 Yes Last Trade Price Last Trade Yield Last Trade Date US Treasury $???? 2.315% 06/13/2019 Yield Trade History Prospectus Price/Yield Chart Classification Elements Price Chart Yield Chart Bond Type US Corporate Debentures 34/3072013 - 36/132019 Zoom: SD IM 3M YTD 1Y 3Y SY 10Y Max Debt Type Senior Unsecured Note - Price Industry Group Industrial Price $ Industry Sub Group Manufacturing Sub-Product Asset CORP Sub-Product Asset Type Corporate Bond 92.70 State Use of Proceeds 62.70 Security Code Special Characteristics Medium Term Note 32.70 Issue Elements 2.70 Offering Date 04/30/2013 2013 2014 2015 2016 2017 2018 2019 Dated Date 05/03/2013 First Coupon Date 11/03/2013 Original Offering* $5,500,000.00 Credit and Rating Elements Amount Outstanding* $5,500,000.00 Moody's & Rating Aal (04/27/2016) Series Standard & Poor's Rating AA+ (04/30/2013) Issue Description TRACE Grade Investment Grade Project Name Default Payment Frequency Semi-Annual Bankruptcy Day Count 30/360 Insurance Form Book Entry Mortgage Insurer Depository/Registration DTC, Clearstream, Pre-Refunded/ Escrowed Euroclear Additional Description Senior Unsecured Note Security Level Senior Collateral Pledge Capital Purpose Put & Redemption Provisions "dollar amount in thousands Call Date Call Price Call Frequency Continuously Bond Elements Original Maturity Size* 5,500,000.00 Put Date Put Price Put Frequency Amount Outstanding 5,500,000.00 Size* Yield at Offering 2.42% Price at Offering $99.67 Coupon Type Fixed