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1 The Chestnut Street Company plans to issue $825,000, 10-year bonds that pay 7 percent 2 semiannually on March 31st and September 30th. 4 Information

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1 The Chestnut Street Company plans to issue $825,000, 10-year bonds that pay 7 percent 2 semiannually on March 31st and September 30th. 4 Information relating to this bond is found below: Face Value: $ 825.000 Number of Years: Stated Interest Rate: Number of Payments per Year: 10 Required: 11 Calculate or provide the information requested using a formula or cell reference unless 12 you are instructed to use a specific function: 1411) Assume the Market Interest Rate is: 16 a. How many total payments or periods will this bond pay interest? When calculating the bond selling price, show the factor from the appropriate future or present value table (found in worksheets included in this workbook) that would be used to calculate the bond interest payments. Repeat question b. but now use the VLOOKUP function. For the Lookup_value argument, your function should reference the result you calculated in question a. Your function should look for an exact match to the value used in the Lookup_value argument. 28 d. Calculate the amount of interest that will be paid on March 31st. Calculate the value of the interest payments that would be used when determining the bond selling price. Calculate the selling price of this bond: Using the IF function, show the word "Premium" or "Discount based on the selling price you calculated in letter f. = = Assume the Market Interest Rate is: When calculating the bond selling price, show the factor from the appropriate future or present value table (found in worksheets included in this workbook) that would be used to calculate the bond interest payments. Repeat question a, but now use the VLOOKUP function. Your function should reference the result you calculated in question Number letter a.) Your function should look for an exact match to the value used in the Lookup_value argument Calculate the amount of interest that will be paid on March 31st $ $ Calculate the value of the interest payments that would be used when determining the bond selling price Calculate the selling price of this bond: Using the IF function, show the word "Premium" or "Discount based on the selling price you calculated in lettere 1 The Chestnut Street Company plans to issue $825,000, 10-year bonds that pay 7 percent 2 semiannually on March 31st and September 30th. 4 Information relating to this bond is found below: Face Value: $ 825.000 Number of Years: Stated Interest Rate: Number of Payments per Year: 10 Required: 11 Calculate or provide the information requested using a formula or cell reference unless 12 you are instructed to use a specific function: 1411) Assume the Market Interest Rate is: 16 a. How many total payments or periods will this bond pay interest? When calculating the bond selling price, show the factor from the appropriate future or present value table (found in worksheets included in this workbook) that would be used to calculate the bond interest payments. Repeat question b. but now use the VLOOKUP function. For the Lookup_value argument, your function should reference the result you calculated in question a. Your function should look for an exact match to the value used in the Lookup_value argument. 28 d. Calculate the amount of interest that will be paid on March 31st. Calculate the value of the interest payments that would be used when determining the bond selling price. Calculate the selling price of this bond: Using the IF function, show the word "Premium" or "Discount based on the selling price you calculated in letter f. = = Assume the Market Interest Rate is: When calculating the bond selling price, show the factor from the appropriate future or present value table (found in worksheets included in this workbook) that would be used to calculate the bond interest payments. Repeat question a, but now use the VLOOKUP function. Your function should reference the result you calculated in question Number letter a.) Your function should look for an exact match to the value used in the Lookup_value argument Calculate the amount of interest that will be paid on March 31st $ $ Calculate the value of the interest payments that would be used when determining the bond selling price Calculate the selling price of this bond: Using the IF function, show the word "Premium" or "Discount based on the selling price you calculated in lettere

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