Question: please show how to solve in msft excl, with work in simple steps. 4. King Enterprises wants to issue 20-year, $1,000 par value zero-coupon bonds.

please show how to solve in msft excl, with work in simple steps.
please show how to solve in msft excl, with work in simple

4. King Enterprises wants to issue 20-year, $1,000 par value zero-coupon bonds. If the yield on bonds with similar risk is currently 15%, how much will one of these bonds sell for? Solution: $61.10028 5. Darr Enterprises just issued 30-year, $1,000 face value bonds. These bonds have a coupon rate of 7% and interest payments are made semi-annually. If these bonds sell for $935, what will the yield to maturity be? Solution: 7.55034% 6. Beverly just purchased a 25-ycar, $1,000 par value, zero-coupon bond for $375. What is the yield to maturity on this bond? Solution: 4.0013%

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