Question: please show how to do this through excel not by hand ! A bond pays interest semiannually. Its coupon rate is 7.6%, a term to
please show how to do this through excel not by hand !A bond pays interest semiannually. Its coupon rate is 7.6%, a term to maturity of 13 years, a par value of $1,000. Yields or comparable market rates for this bond are 3.9%. Based on this information what is the value or price of the bond? Show 2 decimals, for example: $999.99
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