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Can anyone find the price with writing the formula I should use in excel? It won't except the answer only. D18 Ninja Co. issued 14-year
Can anyone find the price with writing the formula I should use in excel? It won't except the answer only.
D18 Ninja Co. issued 14-year bonds a year ago at a coupon rate of 6.9 percent. The bonds make semiannual payments. If the YTM on these bonds is 5.2 percent, what is the current bond price in dollars? Assume a par value of $1,000 Settlement date Maturity date Coupon rate Coupons per year Face value Yield to maturity 1/1/2000 1/1/2013 6.90% 2 100 10 5.20% 12 13 14 15 16 17 18 19 20 21 Complete the following analysis. Do not hard code values in your answers PriceStep by Step Solution
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