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PLEASE SHOW ANSWER IN EXCEL WITH FORMULA THANKS Question 3 - Calculate the price of the following discount bond with a par value of $100,000
PLEASE SHOW ANSWER IN EXCEL WITH FORMULA THANKS
Question 3 - Calculate the price of the following discount bond with a par value of $100,000 that compounds four times per year. The bond was settled on July 1, 2020 and matures on Oct 1, 2023. The current yield is 7.9%. (5 points) 7/1/20 10/1/23 Discount Bond - Price Settlement date Maturity date Coupon rate Coupons per year Face value % of par) Yield to maturity Par value $ 4 100 7.90% 100,000.00 Bond PriceStep by Step Solution
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