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ATTENTION: I need the answer in the form of the Excel Formula XS FILE Paste Clipboard A1 A 3 4 5 6 7 8 9
ATTENTION: I need the answer in the form of the Excel Formula
XS FILE Paste Clipboard A1 A 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 1. Calculate the change in price the bond will experience. Bond Prices and Interest Rate Changes - Excel FORMULAS DATA REVIEW HOME INSERT PAGE LAYOUT 11 A A % IU -A- Alignment Number Conditional Format as Formatting Table Styles Font Styles I X fxx B D E F G A 6.50 percent coupon bond with ten years left to maturity is priced to offer a 8.0 percent yield to maturity. You believe that in one year, the yield to maturity will be 7.0 percent. What is the change in price the bond will experience in dollars? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Coupon rate 6.50% Maturity 10 Present YTM 8.0% Expected YTM in 1 year 7.0% Complete the following analysis. Do not hard code values in your calculations. Current price Expected price in 1 year Change in price Sheet1 Ee- A 4 READY Attempt(s) Calibri B F VIEW Cell Cells H ? Editing I Sign In J X ^ 100% Hint
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