need to be in formula format

AS FILE Paste C36 2 Clipboard 59 3 4 26 6 7 FE V HOME 16 17 18 19 20 21 b) Calibri INSERT BIU Font X PAGE LAYOUT 11 A A A Face Value: Number of Years: Stated Interest Rate: Interest payments per year L A B C On January 1, Ruiz Company issued bonds as follows: Annual Market Rate $ Bond Pricing - Excel DATA FORMULAS = % Alignment Number Conditional Format as Cell Formatting Table Styles Styles Semiannual Interest Payment: S PV of Face Value: +PV of Interest Payments: Bond Selling Price: 500,000 15 7% 8 9 Required: 10 1) Calculate the bond selling price given the two market interest rates below. 11 Use formulas 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 a) Annual Market Rate 15 9% 17.500.00 REVIEW VIEW D 6.0% E 1.3 ? M Cells Editing F 5 X Sign In C36 17 18 2287222288888: 19 20 A 21 b) 23 9 Required: 10 1) Calculate the bond selling price given the two market interest rates below. 11 Use formulas 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 a) Annual Market Rate 15. 16 24 25 26 2.9 30 21 *** X B Semiannual Interest Payment: $ PV of Face Value: +PV of Interest Payments: -Bond Selling Price: Annual Market Rate fix *** Semiannual Interest Payment: PV of Face Value: +PV of Interest Payments: Bond Selling Price: READY Attempt(s) 10/10 The bond in (a) sold at a: ty of $1 28 2. Use the Excel IF function to answer either "Premium" or "Discount" to the following items. C Present Value of Annuity of $1 9% 17,500.00 6.0% D E Sheet1 Hint C36 22 23 24 25 26 A 36 37 38 b) 39 40 41 42 43 B Semiannual Interest Payment: PV of Face Value: +PV of Interest Payments: Bond Selling Price: Annual Market Rate Bond Selling Price C 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: 31 32 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 9% Bond Selling Price READY Attempt(s) 10/10 6% ty of $1 Present Value of Annuity of $1 Sheet1 D = E L F 100% Hint Show Me