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1. You are considering the following bonds to include in your portfolio: Bond 1 Bond 2 Bond 3 Price Face Value $200,000.00 $200,000.00 $200,000.00

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1. You are considering the following bonds to include in your portfolio: Bond 1 Bond 2 Bond 3 Price Face Value $200,000.00 $200,000.00 $200,000.00 Coupon Rate Interest payments paid per year 5.00% 2x 10.00% 9.00% 1x 2x Maturity (Years) 15 20 30 Effective rate 7.00% 8.00% 9.00% a) Determine the price you would be willing to pay for each of these bonds using the PV function. (12 pts) Important: All work needs to be completed through Excel. Restate the information on Excel and complete by linking all calculations, where applicable.

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