Question: Please create an Excel file with the calculated answers to the questions to the Excel homework 1. Calculate the value of a fixed rate bond
1. Calculate the value of a fixed rate bond with fifteen years left to maturity, annual coupon payments at a coupon rate of 5.0%, face value of $1,000, and yield-to-maturity of 3.5%. hint: See solution for similar problem in lecture presentation on Bonds. Should the calculated value be greater than or less than $1,000 ? 2. Calculate the value of a fixed rate bond with fifteen years left to maturity, annual coupon payments at a coupon rate of 3.5%, face value of $1,000, and yield-to-maturity of 5%. hint: See solution for similar problem in lecture presentation on Bonds. Should the calculated value be greater than or less than $1,000 ? 3. Calculate the value of a fixed rate bond with fifteen years left to maturity, semi-annual coupon payments at a coupon rate of 5.0%, face value of $1,000, and yield-to-maturity of 3.5%. hint: See solution for similar problem in lecture presentation on Bonds. Should the calculated value be greater than or less than $1,000 ? 4. What is the yield-to-maturity of a corporate bond that has face value of $1,000, annual coupon payments of $35, is being quoted at 102.5 , and has seven years left to maturity? hint: You need to use the Excel RATE function
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