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please show step by step of equation of coupon payment and present value equation and how to insert into Microsoft excel and show work by
please show step by step of equation of coupon payment and present value equation and how to insert into Microsoft excel and show work by hand too.
Problem 6-20 Bond valuation: Annual interest. Calculate the value of each of the bonds shown in the following table, all of which pay interest mnexgly. Important: Do not use cell references to cells in rows 6 to 10. For all required answers, use cell references to values starting in row 15. \begin{tabular}{|c|r|r|r|r|} \hline Bond & Parvalue & Couponinterest & Yearstomaturity & \multicolumn{1}{|c|}{Requiredreturn} \\ \hline A & 1,000 & 11% & 20 & 12% \\ \hline B & 1,000 & 8 & 16 & 8 \\ \hline C & 100 & 9 & 8 & 7 \\ \hline D & 500 & 6 & 13 & 8 \\ \hline E & 1,000 & 7 & 10 & 5 \\ \hline \end{tabular} Solution Bond A Parvalue Couponinterestrate Years to maturity Required return Coupon payment Present value Bond B Par value Couponinterest rate Years to maturity Required return Coupon payment Present value \begin{tabular}{|r|} \hline 1,000 \\ \hline 11% \\ \hline 20 \\ \hline 12% \\ \hline \\ \hline \end{tabular} Bond C Par value Coupon interestrate Yearstomaturity Required return Coupon payment Present value Bond D Par value Coupon interestrate Years to maturity Required return Coupon payment Present value Bond E Parvalue Couponinterest rate Years tomaturity Required return Coupon payment Present value \begin{tabular}{|r|} \hline \multirow{2}{*}{100} \\ \hline 9% \\ \hline 8 \\ \hline 7% \\ \hline \\ \hline \end{tabular} \begin{tabular}{|r|} \hline$500 \\ \hline 6% \\ \hline 13 \\ \hline 8% \\ \hline \\ \hline \end{tabular}Step by Step Solution
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