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In this exercise, you compute the invoice price of a $1000 par value, 5% semiannual payment...

In this exercise, you compute the invoice price of a $1000 par value, 5% semiannual payment coupon bond maturing on 30th June 2025 for various settlement dates. Use a yield to maturity of 6.2%.

a) Calculate the invoice price (as a percentage of par value and in dollars) when the settlement date is 30 June 2019.

A.

932.68

B.

933.49

C.

940.63

D.

943.15

E.

951.18

b) Calculate the invoice price (as a percentage of par value and in dollars) when the settlement date is 5 September 2019.

A.

932.68

B.

933.49

C.

940.63

D.

943.15

E.

951.18

How would i input functions in Excel?

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