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You are getting close! Now you just need to calculate the value of this bond. You need to do this 3 ways: - Using a
You are getting close! Now you just need to calculate the value of this bond. You need to do this 3 ways: - Using a formula - Using a financial calculator - Using Excel First, use the formula and clues you collected. Assume an annual yield to maturity of 4%. Enter your answer into the space below, then click "Submit" to check your work. Value = CPN [y1(1(1+y))1)]+(1+y)FV] Remaining Payments (N) (N) Hint: y= yield per payment period 10 Hint: Semiannual yield = Annual yield /2
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