Use the spreadsheet format below, which illustrates the cash flows from a bond, to find its price This bond has a 5 5 percent coupon, five years to maturity, and the required yield on the bond is 6 percent The 10th cash flow should include both the maturity value and the last coupon payment The cell for bond price, B9, should reflect the summation of all the present values of the cash flows Number of Periods Coupon per Period Maturity Value Required Rate of Return Period Cash Flows PV of Cash Flows Bond Price 3 6

Question: Use the spreadsheet format below, which illustrates the cash flows from a bond, to find its price. This bond has a 5.5 percent coupon, five

Use the spreadsheet format below, which illustrates the cash flows from a bond, to find its price. This bond has a 5.5 percent five years to and the required yield on the bond is 6 percent. The 10th cash flow should include both the value and the last payment. The cell for bond price, B9, should reflect the summation of all the present values of the cash flows.
"Number of Periods per
Period Value Required
Rate of Return"

Period Cash Flows PV of Cash Flows Bond Price 3 6

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