Question: Please show work on excel ABC Corp. issued a 25-year maturity bond in 1990 with 6.5 percent coupon paid semiannually. The bond has a face

Please show work on excel

  1. ABC Corp. issued a 25-year maturity bond in 1990 with 6.5 percent coupon paid semiannually. The bond has a face valueof $1,000. You bought the bond in 1996 when the yield to maturity on this bond was 7.8 percent. You sold the bond in2008 when the yield to maturity on the same bond increased to 10.6 percent. What is the percentage change in the price ofthis bond from 1996 to 2008? Please show work on excel

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