excel
The Chestnut Street Company plans to issue a bond semiannually on March 31 ist and September 30 th. The Controller has asked you to calculate information about the bond assuming two different market interest rates. The present value factor tables are included in the first four tabs of the integrated Excel. Use the information included and the Excel functions described below to complete the task. Information relating to this bond is found below: Here are some tips for using Excel: Cell Reference: Allows you to refer to data from another cell in the worksheet. From the Excel Simulation below, if in a blank cell, "=C was entered, the formula would output the result from cell C6, or 10 in this example. Allows you to refer to data from another cell in a separate tab in the worksheet. When using thef multi-tab cell reference, type the equal sign first, then click on the other tab and then click on the cell you want to reference. The syntax of a multi-tab cell reference looks different than a normal cell reference, since it includes the tab name. surrounded by apostrophes and also an exclamation point before the cell location. From the Excel simulation below, if in a blank cell on the Sheet1 tab "w'Future Value of $1IC13 was entered, the formula would output the result from cell C13 in the Future Value of $1 tab, or 1.10462 in this example. Allows you to use the basic math symbols to perform mathematical functions. You can use the following keys: + (plus sign to add), - (minus sign to subtract). (asterisk sign to multiply), and / (forward slash to divide). From the Excel Simulation below, if in a blank cell "=C6+C8" was entered, the formula would add the values from those cells and output the result, or 12 in this example. If using the other math symbols the result would output an appropriate answer for its function. false. The syntax of the If function is "wif(test_condition, value_ if true, aalue _if_false)" and specific considerations $1 A Future Value of Annuity of $1 Present Value of Annuity of $1 a. How many total payments or periods will this bond pay interest? b. When calculating the bond selling price, show the factor from the appropriate future or present value table 24 (found in worksheets included in this workbook) that would be used to calculate the bond interest payments. c. Repeat question b. but now use the VLOOKUP function. For the Lookup_Value argument, your function should reference the result you calculated in question a. Your function should look for an exact match to the value used in the Lookup_Value argument. d. Calculate the amount of interest that will be paid on March 31 st. e. Calculate the value of the interest payments that would be used when determining the bond selling price. f. Calculate the selling price of this bond: g. Using the IF function, show the word "Premium" or "Discount" based on the selling price you calculated in letter f. 2) Assume the Market Interest Rate is: 6% a. When calculating the bond selling price, show the factor from the appropriate future or present value table 33 (found in worksheets included in this workbook) that would be used to calculate the bond interest payments. b. Repeat question a. but now use the VLOOKUP function. Your function should reference the result you calculated in question Number 1 letter a.) Your function should look for an exact match to the value used in 34 the Lookup_Value argument. 35 c. Calculate the amount of interest that will be paid on March 31st. 36 d. Calculate the value of the interest payments that would be used when determining the bond selling price. 37 e. Calculate the selling price of this bond: f. Using the If function, show the word "Premium" or "Discount" based on the selling price you calculated in 38 letter e
