Question: Hi I received the below test question as wrong and am trying to understand how to identify the correct answer in Excel. General Mills has

Hi I received the below test question as wrong and am trying to understand how to identify the correct answer in Excel. General Mills has a $1,000 par value, 28-year to maturity bond outstanding with an annual coupon rate of 8.35 percent per year, paid semiannually. Market interest rates on similar bonds are 11.26 percent. Calculate the bonds price today.

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