Question: Please I need help! Please solve using EXCEL not TYPED showing all formulas/work. I will upvote! thank you in advance, you Chegg helpers are the

Please I need help! Please solve using EXCEL not TYPED showing all formulas/work. I will upvote! thank you in advance, you Chegg helpers are the real MVP's.

Use the following information to answer the next 2 questions

Today is 4/20/2020. A company has an issue of bonds outstanding that are currently selling for $1,250 each. The bonds have a face value of $1,000, a coupon rate of 10% paid annually, and a maturity date of 4/20/2040. The bonds may be called starting 4/20/2025 for 106% of the par value (6% call premium)

1 ) The expected rate of return if you buy the bond and hold it until maturity (Yield to maturity) is

7.54%

7.97%

4.99%

6.38%

6.90%

2- The expected rate of return if the bond is called on 4/20/2025? (Yield to call) is:

7.00%

7.50%

6.41%

5.26%

5.97%

Thank you once again!

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