Question: please use excel formula to answer Yan Yan Cerp. has a $2,000 par value bond outstanding with a coupon rate of 4,7 percent paid semiannually
Yan Yan Cerp. has a \$2,000 par value bond outstanding with a coupon rate of 4,7 percent paid semiannually and 13 years to maturity The yield to maturity of the bond is 5.05 percent What is the dolar price of the bond? input area; function to answer this question. Leave the "dasis" input blank in the function. You may enter a constant as a hard coded value.)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
