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Evaluate two bonds by performing calculations 1 through 6 below. Use Excel to make the calculations and please show the Function Arguments. Bond Description Sector

Evaluate two bonds by performing calculations 1 through 6 below. Use Excel to make the calculations and please show the Function Arguments.

Bond Description Sector Type Freq. Yrs to Mty Curr. Price (per $100 par) Moody S&P
JOHNSON&JOHNSON NOTE CALL MAKE WHOLE, 5.950%, 15-AUG-2037 Mfg Fixed Semi-Ann 14 $125.35 AAA AAA
GENERAL ELECTRIC CO MTN, 3.500%, 15-NOV-2032 Mfg Fixed Semi-Ann 9 $82.19 BAA1 BBB+

Note: Bond Prices are quoted in dollars / $100 Par, so when doing the calcs make the Par value adjustment to $100.

  1. Yield to Maturity at current price
  2. Current Yield at current price
  3. Current Value assuming the appropriate discount rate = 7%
  4. Expected Value in 5 Years if the appropriate discount rate remains 7%
  5. Expected Value in 5 Years if the appropriate discount rate increases to 10%
  6. Expected Value in 5 Years if the appropriate discount rate falls to 5%

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