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can you help plz with finding the answer using excel formula Bond J has a coupon rate of 3 percent. Bond K has a coupon
can you help plz with finding the answer using excel formula
Bond J has a coupon rate of 3 percent. Bond K has a coupon rate of 9 percent. Both bonds have 19 years to maturity, make semiannual payments, and have a YTM of 6 percent. If interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds? What if rates suddenly fall by 2 percent instead? All bond price answers should be dollar prices. Complete the following analysis. Do not hard code values in your calculations. Leave the "Basis" input blank in the function. All bond prices should be in dollars. You must use the built-in Excel function to answer the bond price questions. \begin{tabular}{|c|c|} \hline 32 & \\ \hline 33 & Price if YTM increases: \\ \hline 34 & Price of Bond J \\ \hline 35 & \\ \hline 36 & Price of Bond K \\ \hline 37 & \\ \hline 38 & % change in Bond J \\ \hline 39 & \\ \hline 40 & % change in Bond K \\ \hline 41 & \\ \hline 42 & Price if YTM decreases: \\ \hline 43 & Price of Bond J \\ \hline 44 & 1 \\ \hline 45 & Price of Bond K \\ \hline 46 & \\ \hline 47 & % change in Bond J \\ \hline 48 & \\ \hline 49 & % change in Bond K \\ \hline 50 & 2 \\ \hline \end{tabular} Bond J has a coupon rate of 3 percent. Bond K has a coupon rate of 9 percent. Both bonds have 19 years to maturity, make semiannual payments, and have a YTM of 6 percent. If interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds? What if rates suddenly fall by 2 percent instead? All bond price answers should be dollar prices. Complete the following analysis. Do not hard code values in your calculations. Leave the "Basis" input blank in the function. All bond prices should be in dollars. You must use the built-in Excel function to answer the bond price questions. \begin{tabular}{|c|c|} \hline 32 & \\ \hline 33 & Price if YTM increases: \\ \hline 34 & Price of Bond J \\ \hline 35 & \\ \hline 36 & Price of Bond K \\ \hline 37 & \\ \hline 38 & % change in Bond J \\ \hline 39 & \\ \hline 40 & % change in Bond K \\ \hline 41 & \\ \hline 42 & Price if YTM decreases: \\ \hline 43 & Price of Bond J \\ \hline 44 & 1 \\ \hline 45 & Price of Bond K \\ \hline 46 & \\ \hline 47 & % change in Bond J \\ \hline 48 & \\ \hline 49 & % change in Bond K \\ \hline 50 & 2 \\ \hline \end{tabular} Step by Step Solution
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