Question
Provide the formula to calculate the Price of the following bond when coupons are paid semi-annually (every 6 month). 540Exam Final200BU.xls B 1 Begin Year
540Exam Final200BU.xls B 1 Begin Year 1/1/2020 2 End Year 12/31/2050 3 Coupon rate 5.00% 4 Market Yield 5.00% 5 Principal $1,000,000 6 Payment
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