Question: the answer must be in excel formula format (and using excel functions when necessary) Calculating a bond price Excel HOME INSERT PAGE LAYOUT FORMULAS DATA

the answer must be in excel formula format (and using excel functionsthe answer must be in excel formula format (and using excel functions when necessary)

Calculating a bond price Excel HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEWVIEW Sign In Calibri 11 A A . AA Conditional Format as Cel Cells FormattingTaStyles- aste Alignment Number Clipboard Font Styles Yan Yan Corp. has a $2,000 par value bond outstanding with a coupon rate of 4.9 percent paid semiannually and 13 years to maturity. The yield to maturity of the bond is 3.8 percent. What is the dollar price of the bond? 4 Settlement date Maturity date Coupon rate Coupons per year Redemption value (% of par) Yield to maturity Par value 1/1/2000 1/1/2013 4.90% 2 100 3.80% 2,000 10 12 13 14 Complete the following analysis. Do not hard code values in your calculations. Leave the "Basis" input blank in the function. You must use the built-in Excel function to answer this question. 15 16 Dollar price 18 19 21

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