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SHOW ONLY IN EXCEL OUTPUT FOR THUMBS UP THANK YOU :) The Chestnut Street Company plans to issue a bond semiannually on March 31st and

SHOW ONLY IN EXCEL OUTPUT FOR THUMBS UP THANK YOU :)
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The Chestnut Street Company plans to issue a bond semiannually on March 31st and September 30th. The Controller has Information about the bond assuming two different market interest rates in the Excel Simulation below. The present value included in the first four tabs of the Excel Simulation. Use the Information included in the Excel Simulation and the Excelfu to complete the task. ? E FILE HOME Bond Pricing - Excel FORMULAS DATA INSERT PAGE LAYOUT REVIEW VIEW Sign in Calibri 11 AA 96 Paste BIU Alignment Number Cells Conditional Format as Cell Formatting Table Styles Styles Clipboard Font G21 f D E F G H B 4 Information relating to this bond is found below: Face Value: $ 825.000 6 Number of Years: 10 7 Stated Interest Rate: 7% Number of Payments per 8 Year: 2 9 10 Required: 11 Calculate or provide the information requested using a formula or cell reference unless 12 you are instructed to use a specific function: 13 14 1) Assume the Market Interest Rate is: 8% 15 How many total payments or periods will this bond pay interest? 16 a. 20 17 18 b. 19 20 21 22 When calculating the bond selling price, show the factor from the appropriate future or present value table (found in worksheets included in this workbook) that would be used to calculate the bond interest payments. B D E F G H Repeat question b. but now use the VLOOKUP function. For the Lookup Value argument, your function should reference the result you calculated in question a. Your function should look for an exact match to the value used in the Lookup Value argument. 22 23 c. 24 25 26 27 28 d. 29 30. 31 32 Calculate the amount of interest that will be paid on March 31st. Calculate the value of the interest payments that would be used when determining the bond selling price. Calculate the selling price of this bond: Using the IF function, show the word "Premium" or "Discount" based on the selling price you calculated in letter f. Assume the Market Interest Rate is: ILOLE 33 f. 34 35 g. 36 37 6% 38 2) 39 40. 42 43 44 When calculating the bond selling price, show the factor from the appropriate future or present value table (found in worksheets included in this workbook) that would be used to calculate the bond interest payments. 45 46 47 48 49 SU SI Repeat question a, but now use the VLOOKUP function. Your function should reference the result you calculated in question Number 1 letter a. ) Your function should look for an exact match to the value used in the Lookup Value argument. Calculate the amount of interest that will be paid on March 31st. Calculate the value of the interest payments that would be used when determining the bond selling price. Calculate the selling price of this bond: Using the IF function, show the word "Premium" or "Discount" based on the selling price you calculated in letter e. UITO 52 53 54 55 56 57 58 59

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