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 on this bond is 3.8 percent. What is the price of the bond?

USE THE EXCEL PRICE FUNCTION (PLEASE SHOW EXCEL FUNCTIONS)

FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Arial Paste B I U - A Cells Editing Alignment Number Conditional Format as Cell Formatting Table Styles Styles Clipboard Font D17 v xv for C A B D E F G H JK 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? 1/1/2000 1/1/2013 4.90% Settlement date Maturity date Coupon rate Coupons per year Redemption value (% of par) Yield to maturity Par value 100 3.80% 2,000 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. Dollar price ... Sheet1 ... +