help please!
Bond Pricing 2, Using Present Value Tables Ruiz Company issued bonds on January 1 and has provided the relevant information. The Controller has asked you to calculate the bond selling price given two different market interest rates, using Present Value calculations. Here are some tips for using Excel: - Cell Reference: Allows you to refer to data from another cell in the worksheet. If you entered "=B5" into a biank cell, the formula would output the value from cell B5. - Multi-Tab Cell Reference: Allows you to refer to data from another cell in a separate tab in the worksheet. When using the 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 ". "Future Value of \$1'IC13" was entered, the formula would output the result from cell C13 in the Future Value of $1 tab, or 1.10462 in this example. - Basic Math Functions: Allow 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). For example, if you entered "=B4+B5" in a blank cell, the formula would add the values from those cells and output the restil. - PV Function: Allows you to perform a present-value calculation. The syntax of the PV function is "=PV(rate,nper,pmt, (fv].(type)" and its output is the total amount that a series of future payments is worth now (also known as the present value). The rate argument is the interest rate per period. The nner arnument is the tntal numbor 1) Calculate the bond selling price given the two market interest rates below: Use formulas that reference data from this worksheet and from the appropriate future or present value tables (found by clicking the tabs at the bottom of 2 this worksheet). 2. Use the answer either "Premium" or "Discount" to the following items. The bond in (a) sold at a: 30 The bond in (b) sold at a: 2 I Isa the Excel PV function to verify the selling prices of the bonds. Bond Pricing 2, Using Present Value Tables Ruiz Company issued bonds on January 1 and has provided the relevant information. The Controller has asked you to calculate the bond selling price given two different market interest rates, using Present Value calculations. Here are some tips for using Excel: - Cell Reference: Allows you to refer to data from another cell in the worksheet. If you entered "=B5" into a biank cell, the formula would output the value from cell B5. - Multi-Tab Cell Reference: Allows you to refer to data from another cell in a separate tab in the worksheet. When using the 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 ". "Future Value of \$1'IC13" was entered, the formula would output the result from cell C13 in the Future Value of $1 tab, or 1.10462 in this example. - Basic Math Functions: Allow 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). For example, if you entered "=B4+B5" in a blank cell, the formula would add the values from those cells and output the restil. - PV Function: Allows you to perform a present-value calculation. The syntax of the PV function is "=PV(rate,nper,pmt, (fv].(type)" and its output is the total amount that a series of future payments is worth now (also known as the present value). The rate argument is the interest rate per period. The nner arnument is the tntal numbor 1) Calculate the bond selling price given the two market interest rates below: Use formulas that reference data from this worksheet and from the appropriate future or present value tables (found by clicking the tabs at the bottom of 2 this worksheet). 2. Use the answer either "Premium" or "Discount" to the following items. The bond in (a) sold at a: 30 The bond in (b) sold at a: 2 I Isa the Excel PV function to verify the selling prices of the bonds