Question: For an answer to be graded as correct, you must use an Excel formula: Begin each formula with an = sign. Reference cells, instead of

For an answer to be graded as correct, you must use

For an answer to be graded as correct, you must use an Excel formula:

Begin each formula with an = sign.
Reference cells, instead of entering values.

Example: =B3+C3

Consider the price of a bond in dollars with the following characteristics: Maturity Date Coupon Rate Yield to Maturity Redemption Value (as % of Par) Coupon Payments per Year Redemption/Par Value ($) 12/31/2025 4.00%) 6.00%) 1001 2 $1,000 Required: First calculate the bond price as a percentage of its redemption value. Then convert that to a dollar price. (Use cells A4 to B9 from the given information to complete this question.) Calculate Bond Price (% of Redemption Value) Calculate Bond's Price ($) Settlement Date 12/31/2022 12/31/2023 12/31/2024

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