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Please show Excel formula . D E T1 G H 1 3 B F Settlement date 3/15/2021 3/15/2021 4 Maturity date 11/14/2025 11/14/2025 5 Annual
Please show Excel formula
. D E T1 G H 1 3 B F Settlement date 3/15/2021 3/15/2021 4 Maturity date 11/14/2025 11/14/2025 5 Annual coupon rate 0.04 0.04 6 Yield to maturity 0.0175 0.0175 7 Redemption value (%) 100 8 Coupon Payments per Year 9 10 Required: 11 Calculate first the flat price of the bond, without any accrued interest. Then calculate days since the last coupon payment and the days in a payment 12 period. Use these two calculations to determine accrued interest. Finally, determine the invoice price based on the flat price and accrued interest. 100 1 2 13 14 (Use cells A3 to C8 from the given information to complete this question.) 15 16 Bond A Bond B 17 Flat price % of par) 18 Days since last coupon 19 Days in coupon period 20 Accrued interest (% of par) 21 Invoice price % of par) . D E T1 G H 1 3 B F Settlement date 3/15/2021 3/15/2021 4 Maturity date 11/14/2025 11/14/2025 5 Annual coupon rate 0.04 0.04 6 Yield to maturity 0.0175 0.0175 7 Redemption value (%) 100 8 Coupon Payments per Year 9 10 Required: 11 Calculate first the flat price of the bond, without any accrued interest. Then calculate days since the last coupon payment and the days in a payment 12 period. Use these two calculations to determine accrued interest. Finally, determine the invoice price based on the flat price and accrued interest. 100 1 2 13 14 (Use cells A3 to C8 from the given information to complete this question.) 15 16 Bond A Bond B 17 Flat price % of par) 18 Days since last coupon 19 Days in coupon period 20 Accrued interest (% of par) 21 Invoice price % of par)Step by Step Solution
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