Question: PLEASE SOLVE USING EXCEL FORMULA ONLY!! Determine the theoretical price of the following bond: Face value = $ 1 0 0 Coupon Rate = 3

PLEASE SOLVE USING EXCEL FORMULA ONLY!! Determine the theoretical price of the following bond:
Face value = $100
Coupon Rate =3%(Semi-annual payments)
Maturity =18 years
Required Rate of Return =3.7%(Effective annual rate)
(Enter your answer to the nearest penny, with no dollar sign. e.g.91.23)

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