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I need the formulas for the Excel worksheet please help Ruiz Company issued bonds on January 1 and has provided the relevant information The Controller
I need the formulas for the Excel worksheet please help
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 the present Value Tables. Use the information included in the Excel Simulation and the Excel functions described below to complete the task . Cell Reference Allows you to refer to data from another cell in the worksheet From the Excel Simulation below, if in a blank cell =C3 was entered the formula would output the result from cell C3 Or S500.000 in this example - 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 cel you want to reference. The syntax of a multi-tab cell reference looks different than a normal ceit reference, since it includes the tab name surrounded by apostrophes and also an exclamation point before the cel location. From the Excel Simulation below if in a blank cell on the Sheetitab Future Value of S11C15 was entered the formula would output the result Torn cell C13 in the Future Value of S1 tab or 110462 in this example . Basic Math functions Allows 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. lasterisk sign to multiply), and forward slash to divide) From the Excel Simulation below, if in a blank cell"-C4+C6" was entered the formula would add the values from those cells and output the result or 31 in this example. If using the other math symbols the result would output an appropriate answer for its function, IF function: Allows you to testa condition and retum a specific value is the result is true and different value of the result is false The syntax of the IF function is "IF Iest condition value_f_frue value false) and specific considerations need to be made when using this function The les condition argument is an evaluation of the status of a cell, such as if the value of a cell is greater than less than or equal to another number or cell: The value true and value false arguments will return any specific result for each option, such as another cell reference. a value, or text Throughout the entire equation of text is being used in the rest condition value il frue or value_ lase arguments then the text itself should be entered in quotations so that Excel will recognize the text as a "string of text instead of another function. From the Excel Simulation below ifin a blank cet IF(C3250000,"Cash is great","Cash is bad") was entered the formula would output the result of the value true since the res condition would be result as true or in this case the textoshis great Excel processes the IF function by separating it out into separate parts First the test condition-Excel thinks, find cel c3 and determine if the value is greater than 250000. Once Excel determines if the result of that fest condition is TRUE OR FALSE, it will return the wlue true or value false QHS.. FILE HOME . INSERT PAGE LAYOUT FORMULAS Paste B I U. . . A Alignment Number Conditions formal a Cell ded . . 7 - X Bond Pricing - Excel FORMULAS DATA HOME INSERT PAGE LAYOUT REVIEW VIEW Sign In BIU S. Editing Alignment Number Conditional Format as Cell Formatting Table Styles Ceils - 1 On January 1. Ruiz Company issued bonds as follows: Face Value: S Number of years: Stated Interest Rate: Interest payments per year (Note: the bonds pay interest annually:) 500,000 30 796 1 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. Market Interest Rate: R $ 35,000.00 Annual Interest Payment: pv of Face Value: py of interest Payments: -Bond Selling Price: NS 397,263.46 21 b) Market Interest Rate: 5.5% Annual Interest Payment: 35,000.00 Inst . .. ty of $i Present Value of Annuity of $1 Sheet1 - HEADY Step 100 REPEN Cells highlighted in red have been filled automatically as they are partially attempted, left blank, incorrect responses or attempts exhausted). Cells highlighted in green are the correct responses Band Pang-Exte ? - INSERT PAGE LAYOUT FORMULAS - A #1 B IV. A. Alignment Number Conditional formatas Cell Cells Editing Annual interest Payment: Jpy of Face Value +Ipy of interest Payments: land Selling Price: SNR Market Interest Rates 35,000.00 py of Face Value: py of Interest Payments Band Selling Price: $ 609,003.09 Use the Excel if function to answer either "Premium" or "Discount" to the following items. The bond in (a) sold at a: discount The bond in (b) sold at a: premium - ty of $1 Present Value of Annuity of $1 Sheet READY Step 1 0110 3 Cells highlighted in red have been filled automatically as they are partially attempted, left blank, incorrect responses (o attempts exhausted). Cells highlighted in green are the correct responses TELETTER TRUSTEEStep by Step Solution
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