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Show the formula for the answer Please! V2 Advanced Tools Get Extemal Data Connections Sort & Filter 019 X B e D E F On

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V2 Advanced Tools Get Extemal Data Connections Sort & Filter 019 X B e D E F On January 1, Ruiz Company issued bonds as follows: IS Face Value: $ 500,000 Number of Years: 15 Stated Interest Rate: 7% 6 Interest payments per year 2 7 8 9. Required: 101) Calculate the bond selling price given the two market interest rates below. 1 Use formulas that reference data from this worksheet and from the appropriate future or 12 present value tables (found by clicking the tabs at the bottom of this worksheet). 13. Note: Rounding is not required. 14.a) Annual Market Rate 9% 15 Semiannual Interest Payment: $ 17.500,00 17 PV of Face Value: 18 + PV of Interest Payments: Bond Selling Price: 16 20 21 b Annual Market Rate 6.0% 22 23 24 Semiannual Interest Payment: Instint Encs Valter ty of $1 Present Value of Annuity of $1 Sheets RE TOOLS Get External Data Connections Sort & Filter 0019 X A B D E E 20 Annual Market Rate 6.0% 21b 22 24 25 26 23 Semiannual Interest Payment: PV of Face Value: + PV of Interest Payments: = Bond Selling Price: 22 28 2. Use the Excel IF function to answer either "Premium" or "Discount to the following items. 29 30 The bond in (a) sold at a: 31 32 The bond in (b) sold at a: 133 34 3. Use the Excel PV FUNCTION (fx) to verify the selling prices of the bonds. Annual Market Rate 9% 36 Bond Selling Price 32 38 b) Annual Market Rate 69 39 Bond Selling Price 40 35. a) 41 42

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