Question: What is the correct formula for B9? This table shows:Settlement date=2/15/2018;Maturity date=2/15/2038;Coupon rate=8%;Required return=9%;Face value=1000;Frequency=2;Basis=0. =PRICE(B2,B3,B4,B5,B6/B6*100,B7,B8)*B6 =PRICE(B2,B3,B4,B5,B6/B6/100,B7,B8) =PRICE(B2,B3,B4,B5,B6/B6*100,B7,B8)*100*B6 =PRICE(B2,B3,B4,B5,B6/B6*100,B7,B8)/100*B6
What is the correct formula for B9? This table shows:Settlement date=2/15/2018;Maturity date=2/15/2038;Coupon rate=8%;Required return=9%;Face value=1000;Frequency=2;Basis=0. =PRICE(B2,B3,B4,B5,B6/B6*100,B7,B8)*B6 =PRICE(B2,B3,B4,B5,B6/B6/100,B7,B8) =PRICE(B2,B3,B4,B5,B6/B6*100,B7,B8)*100*B6 =PRICE(B2,B3,B4,B5,B6/B6*100,B7,B8)/100*B6
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
