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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 Coupon Rate Interest payments

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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 Coupon Rate Interest payments paid per year Maturity (Years) Effective rate $1,000.00 $1,000.00 $1,000.00 7.00% 10.00% 9.00% 2x 1x 2x 15 20 30 9.00% 8.00% 9.00% a) Determine the price you would be willing to pay for each of these bonds using the PV function. (15 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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