Question: Excet Ontine Structured Activity: Bond valuation You are considering a to-year, 51,000 par value bond. Its coupon rate is 9%, and interest is paid semiannually.
Excet Ontine Structured Activity: Bond valuation You are considering a to-year, 51,000 par value bond. Its coupon rate is 9%, and interest is paid semiannually. The data has been collectied in the Microsoft Excel Online file below. Open the spreadsheet and perform the required anslysis to answer the question below. Open spreadsheet. If you require an "effective' annual interest rate (not a nominal rate) of 8.12\%, how much should you be willing to pay for the bond? Do not round intermediate theps. Rlound your answer to the nearest cent
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