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finiance 5 8 Please read: For bond problems, your inputs can be annual or semi-annual as long as you writ 6 pia. Find the YTM

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5 8 Please read: For bond problems, your inputs can be annual or semi-annual as long as you writ 6 pia. Find the YTM of the following bond: Matures in 18 years, coupon rate of 7 3.25%, paid semi-annually. Price is 103% of Par. Par is $1,000 Reference your inputs in your form Put your inputs in the boxe! from rows 10 - 13 and reference your inputs in Row 15 Use the rate function. 9 5 points 10 PMT #N/A Leave formulatext alone 11 Nper #N/A Leave formulatext alone 12 PV #N/A Leave formulatext alone 13 FV #N/A Leave formulatext alone #N/A 15 Rate/YTM #N/A Leave formulatext alone Use the rate function. 16 f you need to do something in addition to the RATE function, do in the above cell 17 ib. Show the math of the YTM of the bond above. Note: The unknown in the math below should be what you are solving for in la. 18 14 19

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