Question: please show work using excel 3 NAME 1 2 3 5 KO is planning to sell a bond that he owns. This bond has four
3 NAME 1 2 3 5 KO is planning to sell a bond that he owns. This bond has four years to maturity and pays a coupon of 10 percent on a semiannual basis. Similar bonds in the current market have a yield to maturity of 12 percent. What will be the price that he will get for his bond? (Do not found intermediate computations. Round your final answer to the A) $1,044 $938 $970 D) $1,102 SHOW YOU CALCULATIONS. DO YOUR CALCULATIONS IN EXCEL B) C)
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