Question: EXPLAIN HOW TO DO IN EXCEL PLEASE A $10,000 par value bond that has a coupon rate of 5.25% (with quarterly payments) and matures exactly

EXPLAIN HOW TO DO IN EXCEL PLEASE

A $10,000 par value bond that has a coupon rate of 5.25% (with quarterly payments) and matures exactly 22 years from today is currently selling for $10,175.65. What is this bond's yield to maturity (YTM)? Record your answer as a percent rounded to 2 decimal places, but do not include a percent sign with your answer. For example, enter 0.2835987=28.35987% as 28.36

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