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NEED EXCEL SOLUTION: EXCEL FORMULA ONLY PLEASE Find Cost of Debt: Suppose the average bond information...

NEED EXCEL SOLUTION: EXCEL FORMULA ONLY PLEASE

Find Cost of Debt:
Suppose the average bond information is below for an annual coupon paying bond:
Maturity 5
Coupon 4.00%
FV $5,000.00
P $4,500.00
YTM
0 0
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Answer #1

B8 fRATE(B1, B6, -B4, B3) 1 Maturity 2 Coupon 3 FV 4 Price 4.00% $ 5,000.00 $4,500.00 6 Annual Coupon 200.00 B2 B3 RATE(B1, B

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