Question: Calculate this problem using an excel spreadsheet ONLY. If you are not going to use an excel spreadsheet DO NOT ANSWER! SHOW ALL FORMULAS 24.

Calculate this problem using an excel spreadsheet ONLY. If you are not going to use an excel spreadsheet DO NOT ANSWER! SHOW ALL FORMULAS

24. (0.3 point) A bond will pay $50 in interest at the end of each of the next four years, plus the principal of $1,000 at the end of the fourth year. If the required yield-to-maturity is 6% and the present price is $980, the bond's NPV is: (a) - $41. (b) + $41. (c) - $15. (d) - $33. 24. (0.3 point) A bond will pay $50 in interest at the end of each of the next four years, plus the principal of $1,000 at the end of the fourth year. If the required yield-to-maturity is 6% and the present price is $980, the bond's NPV is: (a) - $41. (b) + $41. (c) - $15. (d) - $33

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