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Please show cell references/formulas. Thank you. Complete the steps below using cell references to given data or previous calculations. In some cases, a simple cell

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Please show cell references/formulas. Thank you.

Complete the steps below using cell references to given data or previous calculations. In some cases, a simple cell reference is all you need. To copy/paste a formula across a row or down a column, an absolute cell reference or a mixed cell reference may be preferred. If a specific Excel function is to be used, the directions will specify the use of that function. Do not type in numerical data into a cell or function. Instead, make a reference to the cell in which the data is found. Make your computations only in the blue cells highlighted below. In all cases, unless otherwise directed, use the earliest appearance of the data in your formulas, usually the Given Data section. Consider the following bonds: Coupon Rate Maturity (years) Bond (annual payments) A 0% 15 B 0% 10 4% 15 D 8% 10 a. What is the percentage change in the price of each bond if its yield to maturity falls from 6% to 5%? b. Which of the bonds A-D is most sensitive to a 1% drop in interest rates from 6% to 5%? Which bond is the least sensitive? Par value $1,000 6% Old YTM New YTM 5% a. What is the percentage change in the price of each bond if its yield to maturity falls from 6% to 5%? Annual Coupon Coupon Rate Maturity Old Price New Price Change Rank Bond A 0% 15 B 0% 10 4% 15 D 8% 10 b. Which of the bonds A-D is most sensitive to a 1% drop in interest rates from 6% to 5%? Which bond is the least sensitive? Bond is the most sensitive to changes in bond yields. Bond is the least sensitive to changes in bond yields

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