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Solution is needed in EXCEL format please (EXCEL formula needed) Example 1: Bond Pricing As with...

Solution is needed in EXCEL format please (EXCEL formula needed)

Example 1: Bond Pricing
As with any financial instrument, the price of a bond is just the present value of the future cash flows. What is the price of a bond with semiannual coupon payments and the following characteristics?
Coupon rate: 8.00%
Years to maturity:                        10
Yield to maturity: 7.50%
Par value: $               1,000
Since the bond has semiannual payments, the coupon payments will be:
Coupon payments:
Of course, we could have simply entered the coupon payments and par value in the same PV function, making sure that both were negative. This would give us:
Bond price:
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1 Example 1: Bond Pricing As with any tinancial instrument, the price ot a bond is just the present value ot the tuture cash tlows. 2 What is the price of a bond with semiannual coupon payments and the following characteristics? 8.00% 10 Coupon rate Years to maturity Yield to maturity: Par value: 1000 9 Since the bond has semiannual payments, the co Coupon payments: 40 12 Ot course, we could have simply entered the coupon payments and par value in the same PV tunction, 13 making sure that both were negative. This would give us: 15 Bond price: 1,034.74 17 20 23 24 25 1-0 4 ト 뉘 Sheet1 1 14 Sheet1 1 1 5 Sheet1 1 16 Sheet1 117 Sheet1 1 18 Sheet1 1 19 Sheet1 120 Sheet1 121 . 23:05 US 10VD1/2019 1 Example 1: Bond Excel formula As with any tinancial instrument, the price ot a bond is just the present value ot the tuture

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