Question: show calculation step by step please (manually) and excel formula if possible Motto, Corp. issued a 10-year bond with a face value of $1,000, coupon

show calculation step by step please (manually) and excel formula if possible

Motto, Corp. issued a 10-year bond with a face value of $1,000, coupon rate of 8.6% and a required rate of return of 7.6%. What is the current value of the bond? (Round your answer to TWO decimal places) Fillithe blerike

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