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using the Goal-seek function only in Excel to solve for the yield to maturity (p.a.) for the following bond issue: 5-year GBP coupon bond with
using the Goal-seek function only in Excel to solve for the yield to maturity (p.a.) for the following bond issue: 5-year GBP coupon bond with a face value of GBP1000; coupon rate = 7% p.a. paid annually; upfront fees of 5.5%. What is the yield to maturity in four decimal points? Please show all workings, should include a screenshot that shows inputs for the following three parameters: (1) Set cell; (2) To value; and (3) By changing cell.
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