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Please Show work I'm getting the wrong answer in excel according to the answer solution in back of the book. 1.Zetia Corporation sold a 25-year,

Please Show work I'm getting the wrong answer in excel according to the answer solution in back of the book.

1.Zetia Corporation sold a 25-year, 12% annual coupon bond at a par value of $1,000 in April 2007.In April 2017, the bond's yield to maturity (YTM) is 10%. What is the value or Present Value or Vb of the bond?

Present Value = pv(rate, nper,pmt,fv)

2.Now assume the same bond as above but with semiannual interest payments.What is the value or (PV) or (Vb) of the bond.

Present Value = pv(rate, nper,pmt,fv)

3.Yield to Maturity you are offered a 20 year, 6% annual coupon bond with a face or par value of $1,000 at a price, today, of $1,088.75.What rate of interest would you earn if you bought the bond and held it until maturity?That is, what is the YTM?

4.Yield to Call Five years ago, Wyatt Corporation sold a 25-year bond issue with a 12% annual coupon rate and an 6% call premium.TODAY, they called the bonds.The bonds were originally sold at their face or par value of $1,000.Compute the realized rate of return, I/Y, for an investor who purchased the bond WHEN it was issued and who surrenders it today at the CALL price.

5.Yield to Maturity you just purchased a bond which matures in eight years.The bond has a face value of $1,000 and a 6.25% annual coupon rate.The bond has a Current Yield of 7.29%.What is the YTM?

6.On April 1, 2017, you will consider the purchase of an outstanding bond that was issued on April 1, 2015.It has a 9.5% annual coupon, paid semiannually, and has a 30 year original maturity, that is, matures March 31, 2045.There are five years of call protection, through March 31, 2020, at which time it can be called in at 110%.Interest rates have declined since it was issued, and it is now selling for 115.875% of its par value of $1,000.

What is the nominal YTM on this semiannual, 9.5% coupon bond? Show work 5 points

7.What is the nominal YTC on this semiannual, 9.5% coupon bond? Show work 5 points

8.If you decide to purchase the bond April 1, 2017, which return would you expect to earn, the YTM or YTC?Why??3 points

9.What is the current yield,_________%,and is it a capital gain or capital loss.Circle gain or loss.Show work.

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