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GGGGGG (See Problem...

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Question

Finance

GGGGGG

(See Problem 2 Demonstration 2)

Settlement Date

2/15/20

Maturity Date

2/15/30

Coupon Rate

6.00%

Required Return (YTM)

7.00%

Face Value

1000

Frequency

2

Semi-Annual Interest Payment

Basis

0

Given the yield to Maturity; calculate the price of the bond using PRICE function in Excel

Problem 8: (See Problem 2 Demonstration 2)

Settlement Date

2/15/20

Maturity Date

2/15/30

Coupon Rate

6.00%

Price of the bond

$900.00

Face Value

1000

Frequency

2

Semi-Annual Interest Payment

Basis

0

Given the price of the bond calculate the Yield to maturity using YIELD function in Excel.

PLEASE SHOW WORK AND PROVIDE ANSWER

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