Question: please use excel to solve this answer, will give credit to the best answer What is the value today of a bond with a par
What is the value today of a bond with a par value of $1,000 and an annual coupon of 4% maturing in 5 years and the current market rate for a similar bond is 6% Select one: O a. $915.75 ob none of these OC. $950 O d. $1,000 e. $960
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