please show how to solve msft excl , work shown in simple steps.

1. Bradshaw Inc. is issuing 10-year bonds with a coupon rate of 6% and a face value of $1,000. If the coupon payments are paid semiannually and the retum on bonds with similar risk is currently 8%, how much would you be willing to pay for one of these bonds? Solution: $864.09674 2. Elmhurst Inc. bonds bearing a coupon rate of 10%, pay coupons semiannually, have 9 years remaining to maturity, and are currently priced at $960 per bond. The bonds have a face value of $1.000. What is the yield to maturity on these bonds? Solution: 10.7033% 3. Stephen just paid $1,140 for a bond that will mature in 15 years. The bond has a face value of $1,000 and a coupon rate of 7%, with interest paid semiannually. What is the yield to maturity on this bond? Solution: 5.60746%