Question: Question 1 Excel spreadsheet required, please attach Here is actual data for PPL corporate bond. Suppose you invest in this bond on December 1 ,

Question 1 Excel spreadsheet required, please attach
Here is actual data for PPL corporate bond.
Suppose you invest in this bond on December 1,2023
This bond matures on February 21,2028
Par value $1,000
Yield-to-maturity 5.75%(best estimate)
Annual coupon 2.875%, interest payable semi-annually
Use Excel spreadsheet to find this bonds Macauley duration. Identify the units to Macauley duration. Be sure to attach the actual Excel spreadsheet, not a snapshot.

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