Question: Please show work, Excel. Thank you Assuming that the current interest rate is 6 percent, compute the present value of a five-year, 5 percent coupon

Please show work, Excel. Thank you Assuming that the current interest

Please show work, Excel. Thank you

Assuming that the current interest rate is 6 percent, compute the present value of a five-year, 5 percent coupon bond with a face value of $20,000. What happens when the interest rate goes to 7 percent? What happens when the interest rate goes to 5 percent? Instructions: Enter your responses rounded to the nearest penny (two decimal places). Do not round intermediate calculations. PV at an interest rate of 6%=$ PV at an interest rate of 7%=$ The present value when the interest rate rises to 7 percent. PV at an interest rate of 5%=$ The present value when the interest rate falls to 5 percent

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