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Can you please solve these on Excel and show me how you solved it. Thank you so much. 1) Find the present value of receiving
Can you please solve these on Excel and show me how you solved it. Thank you so much.
1) Find the present value of receiving $1000 per year for ten years beginning in year 12 until year 21, assuming an interest rate of 9%. 2) If the expected dividend today is $2, and it is expected to grow 6% per annum thereafter, what is the price of the stock if the appropriate discount rate is 15%? 3) Assuming a semi-annual interest payment, determine both the bond-equivalent and annual effective annual yield (to two significant digits) of a bond whose current price is $972, a coupon rate of 7%, a face value of $1000 and with a maturity of 15 years. 4) You borrowed from the bank $300,000 with an annual interest rate of 6% and a maturity of 30 years. Determine the monthly mortgage payment. 5) Assume a coupon of 6%. You borrow $10 million from the bank and you make annual payments over 8 years. There is a balloon payment of $1,000,000 at the end of year 8. Determine annual interest and principal payment for each year. Please make sure your answer includes a separate statement as to the exact principal payment in year 8Step by Step Solution
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