Question: Please provide excel formula D F E G B H 1 2 3 Union Local School District has bonds outstanding with a coupon rate of

 Please provide excel formula D F E G B H 1

Please provide excel formula

D F E G B H 1 2 3 Union Local School District has bonds outstanding with a coupon rate of 3.7 percent paid semiannually and 16 years to maturity. The yield to maturity on these bonds is 3.9 percent and the bonds have a par value of $5,000. What is the dollar price of the bond? 4 5 6 7 8 9 Settlement date Maturity date Coupon rate Coupons per year Redemption value (% of par) Yield to maturity Par value 1/1/2000 1/1/2016 3.70% 2 100 3.90% 5,000 10 11 12 $ 13 14 15 Complete the following analysis. Do not hard code values in your calculations. Leave the "Basis" input blank in the function. You must use the built-in Excel function to answer this question. 16 17 Dollar price 18 19 20

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