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Your last challenge is to value the bond using Excel. Use the PV formula (see below) and assume an annual yield to maturity of 7.25%.
Your last challenge is to value the bond using Excel. Use the PV formula (see below) and assume an annual yield to maturity of 7.25%. Enter your answer into the space below, then click "Submit" to check your work. Face Value (fv) Present Value function: PV(rate, nper, pmt, [fv], [type]) You can ignore [type] for bond valuation. $5000 Remaining Payments (nper) Coupon Payment (pmt) 10 $181.25 Answer: $ 0. Submit
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