A.Use the Excel function "Yield" to answer the following question. (carry your answer to two decimal places).
Based on the following bond data the yield to maturity is 4.17%.
Settlement 12/10/2018
Maturity 12/10/2048
rate 5%
Price $110
Redemption $100
Frequency 2
basis 0
True False
B. Use the Excel function "Yield" to answer the following question. (carry your answer to two decimal places).
Based on the following bond data the yield to maturity is 5.45%.
Settlement 12/10/2018
Maturity 12/10/2048
rate 5%
Price $95
Redemption $100
Frequency 2
basis 0
True False
C.
Use the Excel function "Yield" to answer the following question. (Carry your answer to two decimal places).
Based on the following bond data the yield to maturity is 5.00%.
Settlement 12/10/2018
Maturity 12/10/2048
rate 5%
Price $100
Redemption $100
Frequency 2
basis 0
True False