Question: please write in excel format Bond J has a coupon rate of 3 percent. Bond K has a coupon rate of 9 percent. Both bonds

please write in excel format

please write in excel format Bond J has a coupon rate of

3 percent. Bond K has a coupon rate of 9 percent. Both

bonds have 19 years to maturity, make semiannual payments, and have a

YTM of 6 percent. If interest rates suddenly rise by 2 percent,

Bond J has a coupon rate of 3 percent. Bond K has a coupon rate of 9 percent. Both bonds have 19 years to maturity, make semiannual payments, and have a YTM of 6 percent. If interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds? What if rates suddenly fall by 2 percent instead? All bond price answers should be dollar prices. D E F 4 5 6 7 8 9 10 Bond J: Coupon rate Settlement date Maturity date Redemption (% of par) # of coupons per year 3% 1/1/2000 1/1/2019 100 2 11 12 13 14 15 16 Bond K: Coupon rate Settlement date Maturity date Redemption (% of par) # of coupons per year 9% 1/1/2000 1/1/2019 100 2 17 18 19 20 21 $ Par value for both bonds Current YTM New YTM New YTM 1,000 696 8% 4% 22 23 24 25 Complete the following analysis. Do not hard code values in your calculations. Leave the "Basis" input blank in the function. All bond prices should be in dollars. You must use the built-in Excel function to answer the bond price questions. AB E F G H 1 J 28 29 30 Price at current YTM: Price of Bond J 31 Price of Bond K 32 33 34 Price if YTM increases: Price of Bond 35 36 Price of Bond K 37 38 39 40 % change in Bond J 41 42 43 % change in Bond K Price if YTM decreases: Price of Bond J Price of Bond K 45 46 47 % change in Bond J 48 49 50 % change in Bond K

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