Question: please use excel and show formulas in the cells 5. You find a zero coupon bond with a par value of $20,000 and 17 years
please use excel and show formulas in the cells
5. You find a zero coupon bond with a par value of $20,000 and 17 years to maturity. If the yield to maturity on this bond is 4.9 percent, what is the price of the bond? Use the semiannual compounding. 6. You will deposit $2,000 at the end of each of next 3 years. If the interest rate is 10% (annual compounding), how much will you have accumulated in 24 years
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