Question: Complete the following problems in Excel and upload into Coursework as an Excel spreadsheet titled Your Name Chapter 6 Homework. 1. Calculate the present value

 Complete the following problems in Excel and upload into Coursework as

Complete the following problems in Excel and upload into Coursework as an Excel spreadsheet titled "Your Name" Chapter 6 Homework. 1. Calculate the present value of an 8-year bond with a 6.5% coupon. The interest rate is 9.5%. 2. Suppose that the market interest rate is 6% and then drops overnight to 3%. Calculate the present values of the 4%, 4-year bond and of the 4%, 25-year bond both before and after this change in interest rates. Assume annual coupon payments. 3. A 4-year maturity bond with a 11.7% coupon rate can be bought for $1,150. What is the yield to maturity if the coupon is paid annually? What is it is paid semiannually

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