Bond Rate Risk: Lower Coupon Rate, The More YTM Affects Bond Price. #Short 48. ACCTG 455 #54.2

Download Excel file: people.highline.edu/mgirvin/AllClasses/455/ch06/Ex…
Create table of bond values with PV Function and see that lower coupon bonds will have bond price more affected by changes in Yield To Maturity (YTM) than higher coupon bonds.
Learn #excel #excelformulas #excelfunctions
#bondvaluation #pvfunction #presentvalue