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Need help with Bond Pricing Using Tables - Calculate the price of a bond using tables. NEED THE YELLOW BOXES - IN EXCEL FORMULAS 1,

Need help with Bond Pricing Using Tables - Calculate the price of a bond using tables.

NEED THE YELLOW BOXES - IN EXCEL FORMULAS

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1, Ruiz Company issued bonds as follows: Stated Interest Ftate: ass Interest payments per year \"h-IU'ILI'l-FILUMH 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 11 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% 15 16 Semiannual Interest Pa ment: 1? - PM of Face 1I.ialue:- 18 PM of Interest Payments: 19- 2-3 21 b] Annual Market Rate 6.0% 22 23 Semiannual Interest Payment: PM of Face 1I.ialue: + PM of Interest Payments. - Band Selling Price. 2. Use the Excel IF function to answer either "Premium" or "Discount" to the following items. The bond in {a} sold at a: I:[ The bond in {b} sold at a: I:[ 3. Use the Excel PM FUNCTION {ka to verify the selling prices of the bonds. a] Annual Market Rate 9% Bond Selling Price :| b] Annual Market Rate 6% Bond Selling Price :| All answers must be entered as a formula. Click OK to begin

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