Question: Please solve this problem in Excel using excel functions Please solve the following problem in excel file using the excel functions Calculating a bond price

 Please solve this problem in Excel using excel functions Please solve

Please solve this problem in Excel using excel functions

Please solve the following problem in excel file using the excel functions Calculating a bond price - Excel FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In Calibri 11 Paste Cells Editing Alignment Number Conditional Format as Cell Formatting Table Styles Styles Clipboard Font Al D E Union Local School District has bonds outstanding with a coupon rate of 3.7 percent paid semiannually and 16 years to maturity. The yield to maturity on these bonds is 3.9 percent and the bonds have a par value of $5,000. What is the dollar price of the bond? Settlement date Maturity date Coupon rate Coupons per year Redemption value (% of pan) Yield to maturity Par value 1/1/2000 1/1/2016 3.70% 2 100 3.90% 5.000 3 Complete the following analysis. Do not hard code values in your calculations. Leave the "Basis" input blank in the function. You must use the built-in Excel function to answer this question, Dollar price

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