Question: I need the excel formulas for this. Question 8 Input area: Years to maturity Yield to maturity Bond price Coupons per year 10.5 5.7% 945
I need the excel formulas for this.
Question 8 Input area: Years to maturity Yield to maturity Bond price Coupons per year 10.5 5.7% 945 2 S Output area: Semiannual case =PMTrate, nper, pv, fv) Coupon payment =PMT(0.057/2, 10.5*2,-945, 1000) Coupon rate Coupon payment = $1,000 Coupon rate = 24.98 2 Coupon rate = 49.96 / 1000 = 0.05
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