Question: Problem 9 . 1 : Assume a Tesla bond with a par value of $ 1 , 0 0 0 has 9 years left until

Problem 9.1: Assume a Tesla bond with a par value of $1,000 has 9 years left until maturity. The bond pays 5.5% interest annually and makes coupon payments twice a year. The current price of the bond is $945 and the market's required yield to maturity on a comparablerisk bond is 6.00%. Solve using excel and write excel formulas
a. Compute the bonds yield to maturity.
b. Determine the value of the bond to you, given your required rate of return (the YTM on a comparable-risk bond).
c. Should you purchase the bond?
Problem 9.1: Assume a Tesla bond with a par value of

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