Question: x = 6 2, ? X 3 INSERT Calculating a bond price - Excel FORMULAS DATA REVIEW - Sign In FILE HOME PAGE LAYOUT VIEW

 x = 6 2, ? X 3 INSERT Calculating a bond

x = 6 2, ? X 3 INSERT Calculating a bond price - Excel FORMULAS DATA REVIEW - Sign In FILE HOME PAGE LAYOUT VIEW Paste B I U . . .A Cells Editing Alignment Number Conditional Format as Cell Formatting" Table Styles Styles Clipboard Font D17 D E F G H 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? 5000 Settlement date Maturity date Coupon rate Coupons per year Redemption value (% of par) 1/1/2000 1/1/2013 4.90% 100

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