Cut L' Calibri (Body) Paste Format K41 Problem 6 Complete the steps below uring cell references to given data or preavious calculations, In some cases, a simple cell reference is all you need. To copypaste a formula across a row or down a colann, an absolute cell rference or a mized cell roference may be preferred. Ifa specific Excel fiunction is to be used, the directions wll specify the use of that fiunction Do not pype in mumerical data into a cell or fanction. Instead, make a reference to the cell in which the data is found. Make your computations only in the blue cells highlighted below. In all cases, unless otherwise directed, use the earliest appearance of the data in your formulas, uually the Given Daia section The table below summarizes prices (per $100 face value) of various default-free zero-coupon bonds (expressed as a percentage of face value): a. Compute the yield to maturity for each bond b. Plot the zero-coupon yield curve (for the first five years). e. Is the yield curve upward sloping, downward sloping, or flar? Maturity Face value S 100.00 10 95.51 91.05 86.38 81.65 S 76.51 12 13 14 16 17 a. Compute the yield to maturity for each bond YTM 1-year bond YTM 2-year bond YTM 3-year bond YTM 4 year bond Y TM 5-year bond 20 21 23 25 b. Plot the zero-coupon yield curve (for the first five years). Martinez Berk DeMarzo Home Insert Page Layout Formulas Data Review View bwerao Tex Pste CopyCalibri Paste Format BI-v-v-v-v Cut L' Merge & Center v K41 YTM 5-year bond 24 b. Plot the zero-coupon yield curve (for the first five years). to 31 35 c Is the yield curve upward sloping, downward sloping, or flat? The yield curve is: Requirements 1 In cell range E19-E23, by using the RATE function and cell references, calculate the yield to maturity for the bonds with maturity 1:5 years, respectively (5 pt.). 4 In cell range C27:F38, by using Line with Markers, plot the zero-coupon yield curve for the first five years with the maturity in years (cell range C1l:C15) on the horizontal axis and the YTM in percentage (cell range E19:E23) on the vertical axis. Use the following labels: title: Yield Curve, horizontal axis label: Maturity (years) and vertical axis label: YTM pt.) 3 In cell E42,type either upward sloping, dowaward sloping or fat depending on the shape of the yield curve (1 pt.) 6-4