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Please Write Out.. NO Excel !! Thank You ! Week 4 In-Class Problems Please complete these problems using formulas, Microsoft Excel, a financial/basic calculator, or

Please Write Out.. NO Excel !! Thank You !
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Week 4 "In-Class Problems" Please complete these problems using formulas, Microsoft Excel, a financial/basic calculator, or a combination of all three. If you choose to complete your answers in Excel, you can submit the spreadsheet. If you write it on paper, you can take a picture and upload it into elearning. Problem \#1 On January 1, 2019, XYZ Company issued $3,000,000 of 7 -year, 5% coupon bonds. The yield to maturity is 10%, and the bonds pay interest semi-annually. What is the selling price of the bonds? Problem \#2 On January 1, 2019, VVV Company issued $2,200,000 of 12 -year, 4% coupon bonds. The yield to maturity is 2%, and the bonds pay interest semi-annually. What is the selling price of the bonds? Problem \#3 On January 1, 2019, YTR Company issued $1,700,000 of 15 -year, 8% coupon bonds. The bonds pay interest semi-annually and they sold for $2,040,000. The bonds can be called after 5 years at 101. Compute the YTM and the YTC. Would the issuing firm call the bonds in prior to maturity

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