Question
17. Solve for price and price% in Excel and show formulas please. Yan Yan Corp. has a $2,000 par value bond outstanding with a coupon
17. Solve for price and price% in Excel and show formulas please.
Yan Yan Corp. has a $2,000 par value bond outstanding with a coupon rate of 4.7 percent paid semiannually and 13 years to maturity. The yield to maturity of the bond is 5.05 percent. What is the dollar price of the bond?
| Settlement date | 1/1/2020 |
| Maturity date | 1/1/2033 |
| Coupon rate | 4.70% |
| Coupons per year | 2 |
| Redemption value (% of par) | 100 |
| Yield to maturity | 5.05% |
| Par value | $2,000 |
| Price (% of par) | ||
| Price |
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Funds Private Equity Hedge And All Core Structures
Authors: Matthew Hudson
1st Edition
1118790405, 978-1118790403
