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10 Excel Online Structured Activity: Bond valuation An Investor has two bonds in her portfolio, Bond C and Bond Z. Each bond matures in 4

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10 Excel Online Structured Activity: Bond valuation An Investor has two bonds in her portfolio, Bond C and Bond Z. Each bond matures in 4 years, has a face value of $1,000, and has a yield to maturity of 9%. Bond C pays a 10% annual coupon, while Bond Z is a zero coupon bond. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. X Open spreadsheet Assuming that the yield to maturity of each bond remains at 9% over the next 4 years, calculate the price of the bonds at each of the following years to maturity. Do not round Intermediate calculations. Round your answers to the nearest cent Years to Maturity Price of Bond C Price of Bond Z $ $ 3 2 $ 1 Check My Work Reset Problem Neart Back HH Excel template Saved File Home Insert Formulas Data Review View Help Tell me what you want to do Arial 10 - A A Currency Paste ilil > X Cut Le Copy Format Painter Clipboard BI U Dab A $ - % -%% Conditional Format Cell Formatting as Table Styles Tables do Font Alignment Number 0 B D E F G H A Bond valuation Length of maturity in years Face value Yield to maturity Annual coupon Bond C 4 $1,000 9.00% 10.00% Bond Z 4 $1,000 9.00% 0.00% Formulas Years to Maturity Price of Bond C Price of Bond Z 3 2 1 Price of Bond C #N/A #N/A #N/A #N/A #N/A Price of Bond Z #N/A #N/A #N/A #N/A #N/A Time Paths of Bonds C and Z Bond Value $350 16 17 18 19 20 21 22 23 24 25 26 -Bond C 27 -Bond z 28 29 30 31 32 33 34 35 36 37 $0 4 3 2 1 0 Years Remaining Until Maturity Sheet1 + Calculation Modne Automatin Winkhank Statistics

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