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Assume a fixed corporate bond, issued by Estee Lauder, with a face value of $1,000,, was issued today and will mature in 10 years. The

Assume a fixed corporate bond, issued by Estee Lauder, with a face value of $1,000,, was issued today and will mature in 10 years. The YTM on this bond is 5.016% and the coupon 1 rate is 2.375%, paying semi-annually. 1a What is the semi-annual payment 1b What is the PV of 10 years of that payment? rate? nper? fv? pmt? Calc PV 1c What is the PV of the payment at maturity date? rate? nper? fv? pmt? Calc PV 1d What is the current price of this bond? 1e Show the calculation of the PV of the bond in one step rate? nper? fv? pmt? Calc PV
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Assume a fixed corporate bond, issued by Estee Lauder, with a face value of $1,000, was issued today and will mature in 10 years. The YTM on this bond is 5.016% and the coupon 1 rate is 2.375%, paying semi-annually. 1a What is the semi-annual payment 1b What is the PV of 10 years of that payment? rate? nper? fv? pmt? Calc PV 1c What is the PV of the payment at maturity date? rate? nper? fv? pmt? Calc PV 1d What is the current price of this bond? 1e Show the calculation of the PV of the bond in one step rate? nper? fv? pmt? Calc PV

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