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15) On August 15, 2000, the Canadian Government issued a bond maturing on February 15, 2030. The bond has a coupon rate of 7.75%, payable
15) On August 15, 2000, the Canadian Government issued a bond maturing on February 15, 2030. The bond has a coupon rate of 7.75%, payable semi annually on 15 February and 15 August. If, on June 10, 2015 a $ 100 face value bond is selling for $110.00, what is the bonds yield to maturity using the following Excel functions. Show the detailed cash flow calculations (PLEASE SHOW EXCEL PRINT SCREEM. THANK YOU)
- XIRR
- Yield
- Show the calculation that will reconcile the difference in the YTM calculation between XIRR and Yield.
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