Excel Online Structured Activity: Bond valuation You are considering a 20-year, $1,000 par value bond. Its coupon rate is 9%, and interest is paid semiannually. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the question below. X Open spreadsheet If you require an "effective annual interest rate (not a nominal rate) of 7.59%, how much should you be willing to pay for the bond? Do not round intermediate steps. Round your answer to the nearest cent. $ G D m B C H Bond valuation Years to maturity Par value of bond Coupon rate 5 Frequency interest paid per year Effective annual rate 20 $1,000.00 9.00% 2 7.59% 3 CD Formulas #N/A #N/A 9 Calculation of periodic rate: 10 Nominal annual rate 11 Periodic rate 12 13 Calculation of bond price: 14 Number of periods 15 Interest rate per period 16 Coupon payment per period 17 Par value of bond 18 Price of bond 19 20 Formulas #N/A 0.00% #N/A $1,000.00 #N/A