please show work for each problem for business calculator. ex. rate, N, PMT,PV,F

Question

please show work for each problem for business calculator. ex. rate, N, PMT,PV,FV

1 Nuclear Battery Inc has some outstanding bonds with 15 years to maturity remaining. The bonds were issued with a face value of $1,000. The coupon interest rate is 9.0 percent and is paid annually. If Emily requires a return of 11.9%, calculate the value of the bond to Emily. 2 Thermophobe Inc has some outstanding bonds with 14 years to maturity remaig. The bonds were issued with a face value of $1,000. The coupon interest rate is 9.8 percent and is paid annually. Interest rates have declined since the bonds were issued. Investors are now requiring a return of 6.6% on these bonds. What is the current price? 3 Krispy Kritter has some outstanding bonds with 13 years to maturity remaining. The bonds were issued with a face value of $1,000. The coupon interest rate is 9.3 percent and is paid annually. The bonds are currently selling for $758. What is the yield to maturity of these bonds?

Explanation / Answer

1)

1 Par value (FV) $                                            1,000 2 Coupon rate 9.00% 3 Number of compounding periods per year 1 4 = 1*2/3 Interest per period (PMT) $                                            90.00 5 Number of years to maturity 15 6 = 3*5 Number of compounding periods till maturity (NPER) 15 7 Market rate of return/Required rate of return 11.90% 8 = 7/3 Market rate of return/Required rate of return per period (RATE) 11.90% Bond value PV(RATE,NPER,PMT,FV)*-1 Bond value $                                          801.43

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