Question: please solve this problem using excel. Question 6. Pecos Company has just issued a 10-year, 8 percent coupon rate, $1,000- par bond that pays interest
Question 6. Pecos Company has just issued a 10-year, 8 percent coupon rate, $1,000- par bond that pays interest semiannually. Four years later, if the going rate of interest on the bond falls to 6 percent, what is the value of the bond
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