The document provides instructions and examples for using Excel to calculate financial instruments including bonds, installment debt, and serial bonds. It includes inputs and auto-calculated fields for bond calculations, an amortization table for bonds, and examples of premium and zero coupon bonds. It also outlines inputs and calculations for installment debt including an amortization table. Finally, it shows inputs and tables for calculating serial bonds.
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The document provides instructions and examples for using Excel to calculate financial instruments including bonds, installment debt, and serial bonds. It includes inputs and auto-calculated fields for bond calculations, an amortization table for bonds, and examples of premium and zero coupon bonds. It also outlines inputs and calculations for installment debt including an amortization table. Finally, it shows inputs and tables for calculating serial bonds.
The document provides instructions and examples for using Excel to calculate financial instruments including bonds, installment debt, and serial bonds. It includes inputs and auto-calculated fields for bond calculations, an amortization table for bonds, and examples of premium and zero coupon bonds. It also outlines inputs and calculations for installment debt including an amortization table. Finally, it shows inputs and tables for calculating serial bonds.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as XLS, PDF, TXT or read online from Scribd
The document provides instructions and examples for using Excel to calculate financial instruments including bonds, installment debt, and serial bonds. It includes inputs and auto-calculated fields for bond calculations, an amortization table for bonds, and examples of premium and zero coupon bonds. It also outlines inputs and calculations for installment debt including an amortization table. Finally, it shows inputs and tables for calculating serial bonds.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as XLS, PDF, TXT or read online from Scribd
Download as xls, pdf, or txt
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Spring 2008 Excel for Financial Instruments
Inputs are red, everything else is auto-calculated.
A. Bonds FV (maturity value) 100,000 Format to Accounting, 0 place, no $ Nominal rate 6.0000% Format to percentage, 4 places Payment Format to Accounting, 0 place, no $ Number of periods 10 Format to Accounting, 0 place, no $ Present value (sale price) (98,000) Effective rate Format to percentage, 4 places
Note, there is a "function wizard" for any missing value
We are solving for rate, but you could know rate and solve for PV
Amortization table (no direct inputs except dates)
Date Cash Eff Int Prin. Balance 1/1/2007 12/31/2007 12/31/2008 12/31/2009 12/31/2010 12/31/2011 12/31/2012 12/31/2013 12/31/2014 12/31/2015 12/31/2016
Test for premium and zero interest bonds.
B. Installment Debt (equal level payments of principal and interest)
PV (amount of loan) (18,000) Format to Accounting, 0 place, no $
Nominal annual rate 9.0000% Format to percentage, 4 places Nominal rate per period 0.7500% Periods 36 Format to Accounting, 0 place, no $ FV (rare baloon payment) - Format to Accounting, 0 place, no $ Pmt Format to Accounting, 0 place, no $
Note, there is a "function wizard" for any missing value
We are solving for paymet, but you could know payment and solve for rate We will max out amort table at 36 n, but loan can be longer than that
Amortization table (no direct inputs except dates)
