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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,

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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 9.2%. Bond C pays a 10.5% 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 9.2% 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 4 3 $ $ 2 $ $ 1 $ $ 0 $ $ WW Excel template Saved File Home Insert Formulas Data Review View Help Tell me what you want to do Arial 10 ' ' 22 Paste BIU Rab w General $ % 98 A Insert D Conditional Format Formatting as Table Styles Tables Clipboard Font Alignment Number B D E F H Bond valuation Length of maturity in years Face value Yield to maturity Annual coupon Bond C 4 $1,000 9.20% 10.50% Bond z 4 $1,000 9.20% 0.00% Formulas Price of Bond C Price of Bond z Years to Maturity 4 3 2 1 0 Price of Bond C #NA #N/A #N/A #NA INA Price of Bond Z NA #NA #NA ANA #N/A Time Paths of Bonds C and Z Bond Value $350 Sheet1 + template Saved x Excel File Home Insert Formulas Data Review View Help Tell me what you want to do Aris 10 - A A 29 General Autom Z 15 53 Paste Incert De Format BTU Dab $ %) * # conditional round sormetingas Table Styles teles Font Numbe Edit 116 A B D E H K M Time Paths of Bonds C and Z Bond Value $350 16 17 18 19 20 21 22 23 94 25 26 27 28 9 0 1 2 3 -- Bond Bond 2 SO Years Remaining Until Maturity

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