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REVIEW Supra ing DATA VIEW FORMULAS HOME INSERT PAGE LAYOUT B I U - 99 - A. Alignment Number Conditional Format Formatting Custome Quick Access
REVIEW Supra ing DATA VIEW FORMULAS HOME INSERT PAGE LAYOUT B I U - 99 - A. Alignment Number Conditional Format Formatting" Custome Quick Access Toolbar Show Quick Access Toolbar Below the Ribbon Customize the boon Collapse the Ribbon Chamberlain Co. wants to issue new 20-year bonds for some much-needed expansion projects The company currently has 7 percent coupon bonds on the market that sell for $1.083, make semiannual payments, and mature in 20 years. What coupon rate should the company set on its new bonds if it wants them to sell at par? 1/1/2000 1/1/2020 Settlement date Maturity date Annual coupon rate Coupons per year Redemption value % of par) Bond price (% of pan) 100 1083 Complete the following analysis. Do not hard code values in your calculations. Leave the "Basis" input blank in the function. You must use the built-in Excel function to answer the bond price questions. Yield to maturity PMT(08.09 D10 D11 100 Sheet1
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