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Use Yield function in excel and show. Thanks Assume the following input parameters for a bond. begin{tabular}{|c|l|} hline 1000 & Par value hline 25
Use Yield function in excel and show. Thanks
Assume the following input parameters for a bond. \begin{tabular}{|c|l|} \hline 1000 & Par value \\ \hline 25 & T, time to maturity, in years \\ \hline 11% & rC, coupon rate \\ \hline 1212.12 & P, Price \\ \hline 2 & m, compounding periods per year \\ \hline \end{tabular} Part A) Using Excel's YIELD function, what is the bond's yield to maturity, yStep by Step Solution
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Public Finance
Authors: Richard W. Tresch
3rd Edition
012415834X, 9780124158344
