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

please use excel to solve this answer, will give credit to the best answer
please use excel to solve this answer, will give credit to the

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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