Question: Please show the excel function, I am not getting the answers Problem 6-19 Suppose that General Motors Acceptance Corporation issued a bond with 10 years

Please show the excel function, I am not getting the answers ProblemPlease show the excel function, I am not getting the answers

Problem 6-19 Suppose that General Motors Acceptance Corporation issued a bond with 10 years until maturity, a face value of $1,000, and a coupon rate of 7% annual payments). The yield to maturity on this bond when it was issued was 6%. Assuming the yield to maturity remains constant, what is the price of the bond immediately before it makes its first coupon payment? Complete the steps below using cell references to given data or previous calculations. In some cases, a simple cell reference is all you need. To copy paste a formula across a row or down a column, an absolute cell reference or a mixed cell reference may be preferred. If a specific Excel function is to be used, the directions will specify the use of that function. Do not type in numerical data into a cell or function. Instead, make a reference to the cell in which the data is found. Make your computations only in the blue cells highlighted below. In all cases, unless otherwise directed, use the earliest appearance of the data in your formulas, usually the Given Data section. Maturity (years) 10 Face value S 1,000 Coupon rate 7% Yield to maturity 6% Maturity (years) Today's coupon payment PV of remaining coupon payments after today Bond price

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