Question: Please show all work and formulas in excel please don't use pv fv or any financial calculation please only math in excel 4 $ 6.

 Please show all work and formulas in excel please don't use

Please show all work and formulas in excel please don't use pv fv or any financial calculation please only math in excel

4 $ 6. Replicate in a working spreadsheet the Exhibit below and provide the price of the bond based on the cashflows Exhibit 4.5 Calculation of Macaulay Duration and Modified Duration for 5-Year 9% Bond Selling to Yield 9% Coupon rate: 9.00% Term (years): 5 Initial yield: 0.00% Period, Cash Flow PV of $1 at 4.500 PVCF EX PICF $ 4.50 0.956937 4.306220 4.30622 2 4.50 0.915729 4.120785 8.24156 4.50 0.876296 3.943333 11.83000 4.50 0.838561 3.773526 13.09410 4.50 0.802451 3.611030 18.03514 6 4.50 0.767895 3.433531 20.73315 4.50 0.734528 3.306728 23.14209 4 30 0.703185 3.164333 25.31466 4.50 0.672904 3.025070 2725262 10 104.50 0.643927 67.290443 672.90442 100.000000 826.57899 Caih flow per $100 of par value *PV = Present value. *Present value of cash flow Values are rounded Macaulay duration (in half years) = $26.87899 100.000000 3.27 Macaulay duration in years) = 4.13 Modified duration 1.0450 = 3.96 S 9

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