Question: Must Enter as a formula, please help Excel SIM: Bond Pricing Using Tables 1. Calculate the price of a bond using tables 70 X OBS.

Excel SIM: Bond Pricing Using Tables 1. Calculate the price of a bond using tables 70 X OBS. Bond Pricing - Excel TORMULAS DATA xo REVIEW VIEW Sign In FILE PAGE LAYOUT INSERT HOME X M Cal -AA Cells Editing Alignment Number Conditional Formatas Cell Formatting Table Styles CE D E F A B On January 1, Runt Company issued bonds as follows: 3 Face Value s 500.000 4 Number of Years 15 5 Stated Interest Rate 79 Interest payments per year 2 7 8 9 Required: 101) Calculate the bond selling price given the two market interest rates below. Il Use formules that reference data from this worksheet and from the appropriate future or 12 present value tables (found by clicking the tabs at the bottom of this worksheet). 13 Note: Rounding is not required 14 ) Annual Market Rate 95 15 16 Semiannual Interest Payment: $ 17.500.00 17 PV of Face Value $ 133.0001 18 - PV of Interest Payments 19 Bond Selling Price: 30 21 ) Annual Market Rate 6.05 22 23 Semiannual Interest Payment: 4 TO ty of $1 Present Value of Annuity of $1 Sheet1 100% READY Attempts) Step: Using the semi-annual market interest rate, this is the present value of the interest payments paid twice a year for 15 years. Use the appropriate factor from the Present Value of Annuity of S1 table multiplied by the semiannual interest Excel SIM: Bond Pricing Using Tables 1. Calculate the price of a bond using tables .. 7 X Bond Pricing - Excel FORMULAS DATA FILE HOME INSERT PAGE LAYOUT REVIEW VIEW sign in a Caliber -A A 96 H Paste BIU- Cells Editing Alignment Number Conditional formatas Cell Formatting Table Styles Styles Clipboard Font C19 to B D F A = Bond Selling Price: 20 21b) Annual Market Rate 6.0% 22 23 Semiannual Interest Payment: 24 PV of Face Value 25 + PV of Interest Payments: 26 Bond Selling Price: 27 28 2. Use the Excel IF function to answer either "Premium" or "Discount to the following items. 29 30 The bond in (a) sold at a: The bond in (b) sold at a 33 34 3. Use the Excel PV FUNCTION (fx) to verify the selling prices of the bonds. 35 a) Annual Market Rate 99 36 Bond Selling Price 37 38 b) Annual Market Rate 69 39 Bond Selling Price 40 41 42 Present Value of Annuity of $1 Sheet1 $$%8BWBKUU BNB ... ty of $1 . 100% READY Attempt(s) 3/3 Hint
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