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7 Calculating a bond price. Excel FORMULAS DATA REVIEW x FILE HOME INSERT PAGE LAYOUT - Sign in VIEW Function Defined Formula

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Answer #1
In the Present question :-
Principal 1000
Coupon rate 5.80%
Period 23
Yeild Rate 4.70%
Annual Interest $58.00 (1000*5.8%)
ANSWER
Formulae to be used PV(4.70%,23,-58,-1000)
Answer $1,152.66
Price of the Bond in Euro $1,152.66 ANS

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