I NEED EXCEL FORMULA

1. Calculate the price of a bond using tables. Bond Pricing - Excel FORMULAS DATA HOME INSERT PAGE LAYOUT REVIEW VIEW Calibri E- . 11 - A A - A. Alignment Number Paste B I U - Cells Conditional Format as Cell Formatting Table Styles Editing Clipboard Font Styles A1 fx On January 1, Ruiz Company issued bonds as follows: C D 1 On Januaty 1, Ruiz Company issued bonds as follows: 3 4 $ Face Value: Number of Years: Stated Interest Rate: Interest payments per year 500,000 15 9 Required: 101) Calculate the bond selling price given the two market interest rates below. 11 Use formulas that reference data from this worksheet and from the appropriate future or 12 present value tables (found by clicking the tabs at the bottom of this worksheet). 13 Note: Rounding is not required. Annual Market Rate 9% 14 a) S 17.500,00 Semiannual Interest Payment: PV of Face Value: Clipboard Styles 41 fo On January 1, Ruiz Company issued bonds as follows: 9 Required: 10 1) Calculate the bond selling price given the two market interest rates below. 11 Use formulas that reference data from this worksheet and from the appropriate future or 12 present value tables (found by clicking the tabs at the bottom of this worksheet). 13 Note: Rounding is not required. 14 a) Annual Market Rate 9% 16 17,500.00 Semiannual Interest Payment: PV of Face Value: + PV of Interest Payments: = Bond Selling Price: Annual Market Rate 6.0% 17,500.00 Semiannual Interest Payment: PV of Face Value: + PV of Interest Payments: Bond Selling Price: 28 2. Use the Excel IF function to answer either "Premium" or "Discount" to the following items. Thandimtaland Clipboard Font Styles A1 X fox On January 1, Ruiz Company issued bonds as follows $ 17,500.00 Semiannual Interest Payment: PV of Face Value: PV of Interest Payments: = Bond Selling Price: 2. Use the Excel IF function to answer either "Premium" or "Discount" to the following item The bond in (a) sold at a: The bond in (b) sold at a: 34 3. Use the Excel PV FUNCTION (fx) to verify the selling prices of the bonds. 35 a) Annual Market Rate 99 Bond Selling Price 696 Annual Market Rate Bond Selling Price