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this book is intermediate financial management by Brigham and Daves. this problem is ch 4 spreadsheet problem? Can you solve this problem using exccel? A

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this book is intermediate financial management by Brigham and Daves. this problem is ch 4 spreadsheet problem?

Can you solve this problem using exccel?

A 20-year, 8% semiannual coupon bond with a par value of $1,000 may be called in 5 years at a call price of $1,040. The bond sells for $1,100. (Assume that the bond has just been issued.) Basic Input Data: Years to maturity: Periods per year: Periods to maturity: Coupon rate Par value Periodic payment Current price Call price Years till callable Periods till callable 20 2 8% $1,000 $1,100 $1,040 a. What is the bond's yield to maturity? Peridodic YTM = Annualized Nominal YTM = Hint: This is a nominal rate, not the effective rate. Nominal rates are generally quoted

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