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Fill in the yellow shaded cells below. Greg Greely is a recent retiree who is interested in investing some of his savings in corporate bonds.

Fill in the yellow shaded cells below. Greg Greely is a recent retiree who is interested in investing some of his savings in corporate bonds. His financial planner has suggested the following bonds: Bond A has a 7% annual coupon, matures in 12 years, and has a $1,000 face value. Bond B has a 9% annual coupon, matures in 12 years, and has a $1,000 face value. Bond C has an 11% annual coupon, matures in 12 years, and has a $1,000 face value. Each bond has a yield to maturity of 9%.1. Before calculating the prices of the bonds, indicate whether each bond is trading at a premium, at a discount, or at par. Bond A is selling at a discount because its coupon rate (7%) is less than the going interest rate (YTM =9%). Bond B is selling at par because its coupon rate (9%) is equal to the going interest rate (YTM =9%). Bond C is selling at a premium because its coupon rate (11%) is greater than the going interest rate (YTM =9%). Work parts b through e with a spreadsheet. You can also work these parts with a calculator to check your spreadsheet answers if you aren't confident of your spreadsheet solution. You must then go on to work part g with the spreadsheet. 2. Calculate the price of each of the three bonds by filling in the yellow shaded cells below. Basic Input Data Bond A Bond B Bond C Years to maturity Periods per year Periods to maturity Coupon rate Par value Periodic payment Yield to maturity VB0= $0.00 $0.00 $0.00

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