excel problem- please use excel to help solve this problem.

Suppose that General Motors Acceptance Corporation issued a bond with 10 years until maturity, a face value of $1,000, and a coupon rate of 7% (annual payments). The yield to maturity on this bond when it was issued was 6%. Assuming the yield to maturity remains constant, what is the price of the bond immediately after it makes its first coupon payment? Complete the steps below using cell references to given data or previous calculations. In some cases, a simple cell reference is all you need. To copy/paste a formula across a row or down a column, an absolute cell reference or a mixed cell reference may be preferred. If a specific Excel function is to be used, the directions will specify the use of that function. Do not type in mumerical data into a cell or function. 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, usually the Given Data section. Requirements 1 In cell D11, by using cell references, calculate the coupon payment of the bond (1 pt.). 2 In cell D12, by using cell references, calculate the number of periods left on the bond (1 pt.). 3 In cell D13, by using cell references, calculate the price of the bond (1 pt. ) Note: The output of the expression or function you typed in this cell is expected as a positive number. Suppose that General Motors Acceptance Corporation issued a bond with 10 years until maturity, a face value of $1,000, and a coupon rate of 7% (annual payments). The yield to maturity on this bond when it was issued was 6\%. Assuming the yield to maturity remains constant, what is the price of the bond immediately after it makes its first coupon payment? Complete the steps below using cell references to given data on previous calcularions. In some cases, a simple cell reference is all you need. To copypaste a formula across a row or down a columm, an absolute cell reference or a mixed cell reference may be preferted. If a specific Excel function is to be used, the directions will specify the use of that function. Do not type in numerical data into a cell or function. Instead. make a reference to the cell in which the data is found. Make your computations onby in the blue cells highlighted below. In all cases, unless otherwise directed, use the carliest appearance of the data in your formulas, usually the Given Dara section. sumpre cent reference is all you need. To copypaste a formula across a row or donn a column, an absolufe cell reference or a mixed cell reference may be preferred. If a specific Excel function is to be used, the directions will specify the use of that function. Do nor type in mamerical data into a cell or furchon. Instead, make a neference fo the cell in which the data is found Make yote computations only in the blue cells highlighted below. In all cases, unless otherwise directed, wse the earliest appearance of the dwa in your formulas, ustially the Given Data section. Requirements 1 In cell D11, by usiag cell references, calculate the coupon payment of the bond (1 pt.) 2 In cell D12, by using cell references, ealculate the number of perioks left on the bond (1 pt.). 3 In cell D13, by using cell references, calculate the price of the bond (1 pt.) Note: The oufpeit of the expression or function you typed in this cell is expected as a positive number