the answer must be in excel formula format (and using excel functions when necessary) ...

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imagethe answer must be in excel formula format (and using excel functions when necessary)

Calculating yield to maturity - Excel FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Arial 12 A A AAlignment Number Conditional Format as Cell Cells PasteB Clipboard D17 1 Formatting TableStyles- Font Styles A Japanese company has a bond outstanding that sells for 91.53 percent of its 100,000 par value. The bond has a coupon rate of 3.4 percent paid annually and matures in 16 years. What is the yield to maturity of this bond? 1/1/2000 1/1/2016 Settlement date Maturity date Annual coupon rate Coupons per year Face value (% of par) Bond price (% of par) Face value 10 100 91.530 100,000 12 13 14 Complete the following analysis. Do not hard code values in your calculations. Leave the "Basis" input blank in the function. You must use the built-in Excel function to answer this question. 15 16 17 18 19 Yield to maturity

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