Hello again! This is my next homework assignment. It is a three part workbook in excel, relating to bonds/retirement, etc. Please let me know if you can help!

Workbook III Name Natalie Cochran 4143 Before beginning this problem you must enter the last four digits of your student ID# 35 Also enter your age in years. (This is linked to theRetirement worksheet) The following worksheets correspond to assignments for the individual units in this lesson. Once you have completed all of these worksheets, send the saved workbook to the instructor before the closing date for this lesson. Retirement Planning--Assume that you plan to retire at age 67 and that current mortality tables suggest that you will live for 28 years after retirement. You desire a fixed retirement income that has the same purchasing power at age 67 that $75,000 has today. Retirement income will begin the day of retirement with an entire year's income being withdrawn the first day of the year. You expect 2.5% annual inflation. You have $125,000 in your retirement account and expect a return of 9.5% per annum. How much must you save each year (with deposits made at the end of the year) to meet your retirement goal? Retirement age 67 Retirement Savings $125,000 401K return 9.5% Retirement years 28 Real Fixed Income $75,000 Inflation 2.5% Your current age Work Area 35 Annual retirement savings You just purchased a bond which matures in n years. The bond has a face value of $1,000, and has the coupon rate noted with annual coupon payments. Given the current yield below, what is the bond's yield to maturity? INPUT DATA Work Area m n 1 12 Current Yield Coupon YTM 7.96% 8.00% M $1,000 Suppose Turner Enterprises sold an issue of bonds with the following original maturity (n), par value (M), coupon rate, and semiannual interest payments. Two years after the bonds were issued, the going rate of interest on bonds such as these rose to 14%. At what price would the bonds sell? At what price would the bonds sell if the interest rate had fallen to 9%? INPUT DATA Par $1,000 B2 WORK AREA n 25 rd2a 14.00% m rd2b 2 year 2 9.00% coupon rate 11.41%