Question: Question 1 : A $ 1 , 0 0 0 FedEx Corp. bond has a coupon rate of 5 % , pays interest semiannually, and

Question 1: A $1,000 FedEx Corp. bond has a coupon rate of 5%, pays interest semiannually, and matures in six years. If the yield to
maturity is 8.75%, what is the bond's value today?
Rate(6,
Make sure that you use negative sign before
the function to make the final answer positive.
#VALUE!
Solve using excel
Question 1: A $1,000 FedEx Corp. bond has a coupon rate

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