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 cel...

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Use the spreadsheet format below, which illustrates the cash flows from a bond, to find its price.

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 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"

Coupon
A coupon or coupon payment is the annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity. Coupons are usually referred to in terms of the coupon rate (the sum of coupons paid in a... Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...