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please put functions for answers 1. Calculate the price of a bond using the Excel Present Value (PV) function B5 Bond Pricing - Excel 2
please put functions for answers
1. Calculate the price of a bond using the Excel Present Value (PV) function B5 Bond Pricing - Excel 2 1 - 5 FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign in A Calibri AA Paste Cells BIU Editing - Alignment Number Conditional Formatas Cell Formatting Table Styles Clipboard Font Number B18 ho C F G H 1 On January 1, Ruiz Company issued bonds as follows: 2. Face Value: $ 3 Number of Years 4 Stated Interest Rate: 5 Interest payments per year 6 (Note: the bonds pay interest semi-annually.) 500,000 30 7 + B Required: 1) Given the different market interest rates below, calculate the following items. LO Calculate the bond selling price USING THE EXCEL PV FUNCTION (fx). Note: Enter all -1 function arguments as cell references. 12 13 a) Market Interest Rate: 9% 14 Semiannual Interest Payment: 15 Bond Selling Price: 16 17 b) Market Interest Rate: 5.5% Semiannual Interest Payment: Bond Selling Price: 20 21 2. Use the Excel IF function to answer either "Premium" or "Discount" to the following items. 22 23. The bond in (a) sold at a 24 The bond in (b) sold at a: 18 19 Step by Step Solution
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