Question: Can you show me how to answer this question using a excel ? Oil Wells offers 5.65 percent coupon bonds with semiannual payments and a
Can you show me how to answer this question using a excel?
Oil Wells offers 5.65 percent coupon bonds with semiannual payments and a yield to maturity of 6.94 percent. The bonds mature in seven years. What is the market price per bond if the face value is $1,000?
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