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*Assume this corporate bonds pay 2x annually Please show what values to enter in order to solve this using a financial calculator (N,I/YR,PV,PMT,FV) Also please

*Assume this corporate bonds pay 2x annually

Please show what values to enter in order to solve this using a financial calculator (N,I/YR,PV,PMT,FV)

Also please show how you might answer this in Excel to confirm the above answer.

Please show steps/work to obtain values.

practice question:

part a:What is the PV of a 25-year corporate bond issued 8 years ago paying 5.75% when similar bonds today pay a 4.75%?

part b: What is the current yield?

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