Question: I promise I will learn how to do this eventually, just uh, not at 1am. begin{tabular}{|l|r|} hline Face Value: & $ hline Number of


I promise I will learn how to do this eventually, just uh, not at 1am.
\begin{tabular}{|l|r|} \hline Face Value: & $ \\ \hline Number of Years: & 15 \\ \hline Stated Interest Rate: & 7%6 \\ \hline interest payments per year & 2 \\ \hline \end{tabular} Required: 1) Calculate the bond selling price given the two market interest rates below. Use formulas that reference data from this worksheet and from the appropriate future or present value tables (found by clicking the tabs at the bottom of this worksheet). Note: Rounding is not required. a) Annual Market Rate 996 Semiannual Interest Payment: PV of Face Value: + PV of Interest Payments: = Bond Selling Price: 2. Use the Excel If function to answer either "Premium" or "Discount" to the following items. The bond in (a) sold at a: The bond in (b) sold at a: 3. Use the Excel PV FUNCTION ( fx ) to verify the selling prices of the bonds. \begin{tabular}{l} a) Annual Market Rate \\ Bond Selling Price \\ b) Annual Market Rate \\ \hline \end{tabular} \begin{tabular}{|l|r|} \hline Face Value: & $ \\ \hline Number of Years: & 15 \\ \hline Stated Interest Rate: & 7%6 \\ \hline interest payments per year & 2 \\ \hline \end{tabular} Required: 1) Calculate the bond selling price given the two market interest rates below. Use formulas that reference data from this worksheet and from the appropriate future or present value tables (found by clicking the tabs at the bottom of this worksheet). Note: Rounding is not required. a) Annual Market Rate 996 Semiannual Interest Payment: PV of Face Value: + PV of Interest Payments: = Bond Selling Price: 2. Use the Excel If function to answer either "Premium" or "Discount" to the following items. The bond in (a) sold at a: The bond in (b) sold at a: 3. Use the Excel PV FUNCTION ( fx ) to verify the selling prices of the bonds. \begin{tabular}{l} a) Annual Market Rate \\ Bond Selling Price \\ b) Annual Market Rate \\ \hline \end{tabular}
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