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The document contains a table performing goal seek calculations in a financial calculator to find the interest rate (r) that results in a future value (FV) of $100 on a principal (PV) of $95.51 over an unspecified number of periods. It then shows the results of additional goal seek calculations using different principal values and target future values. It also contains examples of bond pricing calculations using a financial calculator to determine price based on factors like face value, coupon rate, annual coupon payment, yield to maturity, and number of years to maturity.

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24 views13 pages

HW

The document contains a table performing goal seek calculations in a financial calculator to find the interest rate (r) that results in a future value (FV) of $100 on a principal (PV) of $95.51 over an unspecified number of periods. It then shows the results of additional goal seek calculations using different principal values and target future values. It also contains examples of bond pricing calculations using a financial calculator to determine price based on factors like face value, coupon rate, annual coupon payment, yield to maturity, and number of years to maturity.

Uploaded by

Jay
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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N 1 2 3

PV 95.51 91.05 86.38


PMT 0 0 0
FV 100 100 99.99996
r 4.70% 4.80% 5.00%

GOAL SEEK
FV=PV * (1+r)^n Set cell FV
To value 100 (given that this is face value)
by changing r
4 5
81.65 76.51 USE NEGATIVES IN FINANCIAL CALCULATOR
0 0
99.99962 100 GIVEN THIS IS 100
5.20% 5.50%

n that this is face value)


FV $ 1,000.00
Coupon rate 6%
Annual cpn payment $ 60.00

Years
1 4.0%
2 4.3%
3 4.5%
4 4.7%
5 4.8%

Number of years 2
Price $1,032.09

Since the price of the security is more than its face value, it’s trading at pr
, it’s trading at premium.
FV $ 1,000.00
Coupon rate 0%
Annual cpn payment $ -

Years
1 4.0%
2 4.3%
3 4.5%
4 4.7%
5 4.8%

Number of years 5
Price $791.03
FV $ 1,000.00
Coupon rate 4%
Annual cpn payment $ 40.00

Years
1 4.0%
2 4.3%
3 4.5%
4 4.7%
5 4.8%

Number of years 3
Price $986.58
YTM 4% added this later based on convo.
FV 1000
Coupon rate 8%
Current price $ 1,068.36
Yrs to maturity 7
Frequency 2 semi-annual

YTM 6.76%

New YTM 7%
New price $1,054.60

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