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*Please show excel formula* B D E F G I Ashburn Corp.issued 25-year bonds two years ago at a coupon rate of 5.6 percent .
*Please show excel formula*
B D E F G I Ashburn Corp.issued 25-year bonds two years ago at a coupon rate of 5.6 percent . The bonds make semiannual payments. If these bonds currently sell for 2 97 percent of par value, what is the YTM? 3 4 Input area: 5 6 Settlement date 1/1/2020 7 Maturity date 1/1/2043 8 Annual coupon rate 5.60% 9 Coupons per year 2 10 Redemption value (% of par) 100 11 Bond price (% of par) 97 12 13 (Use cells A6 to 811 from the given information to complete this question. You must use the built-in Excel function to 14 answer this question. Leave the "Basis" input blank in the function.) 15 16 Output areo: 17 18 Yield to maturity 19 20 Step by Step Solution
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