Question: built in excel formula please!!!! ???? Both Bond Sam and Bond Dave have 6.5 percent coupons, make semiannual payments, and are priced at par value.

 built in excel formula please!!!! ???? Both Bond Sam and Bond
Dave have 6.5 percent coupons, make semiannual payments, and are priced at
par value. Bond Sam has 3 years to maturity, whereas Bond Dave
has 20 years to maturity. If interest rates suddenly rise by 2
built in excel formula please!!!!
????

Both Bond Sam and Bond Dave have 6.5 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has 3 years to maturity, whereas Bond Dave has 20 years to maturity. If interest rates suddenly rise by 2 percent, what is the percentage change in the price of Bond Sam? Of Bond Dave? If rates were to suddenly fall by 2 percent instead, what would the percentage change in the price of Bond Sam be then? Of Bond Dave? All bond price answers should be dollar prices. Bond Sam: Coupon rate Settlement date Maturity date Redemption (% of par) # of coupons per year 6.5% 1/1/2000 1/1/2003 100 2 Bond Dave: Connnn rate 6:59 *** B D E F G H I J K Redemption (% of par) # of coupons per year 100 2 Bond Dave: Coupon rate Settlement date Maturity date Redemption (% of par) # of coupons per year 6.5% 1/1/2000 1/1/2020 100 2 $ Par value for both bonds Current YTM New YTM New YTM 1,000 6.5% 8.5% 4.5% Complete the following analysis. Do not hard code values in your Complete the following analysis. Do not hard code values in your calculations. Leave the "Basis" input blank in the function. All bond prices should be in dollars. You must use the built-in Excel function to answer the bond price questions. Price at current YTM: Price of Bond Sam Price of Bond Dave Price if YTM increases: Price of Bond Sam Price of Bond Dave 01 hann in DARN Cam Price at current YTM: Price of Bond Sam Price of Bond Dave 32 33 Price if YTM increases: Price of Bond Sam 34 35 36 Price of Bond Dave 37 38 39 % change in Bond Sam 40 % change in Bond Dave 41 42 Price if YTM decreases: Price of Bond Sam 43 44 45 Price of Bond Dave

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