Question: Please explain with excel Problem 2) a) Find the price of a 7 year semi-annual bond with a coupon of 6% (annualized) and a continuously

Please explain with excel Problem 2) a) Find the price of a Please explain with excel

Problem 2) a) Find the price of a 7 year semi-annual bond with a coupon of 6% (annualized) and a continuously compounded yield of 5%. b) Now use Goal Seek to calculate the yield given the price you obtained in part a). You should obtain 5%. Hint: Use Goal Seek to find the rate that sets the difference between your newly calculated price using a "guess yield" and the price from part a) to zero

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