Question: Must be in Excel format and you need to write down all necessary steps/formulas leading to your results West Corporation's bonds have a 12-year maturity,

Must be in Excel format and you need to write down all necessary steps/formulas leading to your results

West Corporation's bonds have a 12-year maturity, a 8% semiannual coupon, and a par value of $1,000. The market interest rate (r) is 6%, based on semiannual compounding. What is the bonds price?

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