Question: Excel Online Structured Activity: Bond valuation You are considering a 15 -year, $1,000 par value bond. Its coupon rate is 10 , , and interest

 Excel Online Structured Activity: Bond valuation You are considering a 15
-year, $1,000 par value bond. Its coupon rate is 10 , ,

Excel Online Structured Activity: Bond valuation You are considering a 15 -year, $1,000 par value bond. Its coupon rate is 10 , , and interest is paid semiannually, The data has been collected in the Microsoft Excel Online file below. Open the spreadshopt and perform the required analysis to answer the question below. Open spreadsheet If you require an "effective" annual interest rate (not a nominal rate) of 11.87%, how much should you be willing to pay for the bond? Do not round. intermediate steps. Round your answer to the nearest cent. Bond valuatien Years to malurity Par value of bond Coupon rate Frequency interest paid per year Effective annuol race 1651,000001000%1187% Caiculation of perisanic rate 10 Nominal ancual rate Eeriodic pate 51,00000 1000% 11,87% 13 Cakulation of bond price. 14 Number of perhods 15 Inlerest rate per period 16 Coupon payment per perisd 17 Par value of bord 18. Price of bonst Formulas 14. Mrice of bont

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