Question: show calculation step by step please (manually) and excel formula if possible ABC. Inc. issued a bond with a par bond which selt for $1,000.

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

ABC. Inc. issued a bond with a par bond which selt for $1,000. The bond has 8 years left to maturity, And according to the market the appropriate discount rate for this bond should be 6.3%. What is the bond's annual amount of coupon payment? Fal in the blank ABC. Inc. issued a bond with a par bond which selt for $1,000. The bond has 8 years left to maturity, And according to the market the appropriate discount rate for this bond should be 6.3%. What is the bond's annual amount of coupon payment? Fal in the blank

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