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Excel Appendix E2. Guide to Useful Built-In Functions in Excel . Overview and Objectives ... NPER or RATE functions. For example, if we have a bond that makes a series of coupon payments plus a principal payment at maturity, then the present value of the bond is given by Equation (4.4) in Chapter 4, or rewriting the equation in terms of the function names: (E2.5) If we enter a value for the Fv ... ................
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