Question: I need the excel formulas for this. Question 5 Input area: Years to maturity Coupons per year Bond price Face value Yield to maturity $
I need the excel formulas for this.
Question 5 Input area: Years to maturity Coupons per year Bond price Face value Yield to maturity $ 12 1 1,030 1,000 6.14% Output area: =PMT(rate, nper, pv, fv, type) =PMT(0.0614,12,-1030,1000) Coupon payment $65.01 Coupon rate Coupon Payment = 1000 * Coupon Rate Coupon Rate = Coupon Payment / 1000 =65.01/1000
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