Question: Show work in excel with formulas Question 1 8 pts Spot rates today are as follows: 1-year 2.5% 2-year 2.75% 3-year 3.00% 4-year 3.25% Calculate

 Show work in excel with formulas Question 1 8 pts Spot

Show work in excel with formulas

Question 1 8 pts Spot rates today are as follows: 1-year 2.5% 2-year 2.75% 3-year 3.00% 4-year 3.25% Calculate the current price of a 4-year bond paying a 3.5% coupon rate (assuming annual payments). Report your answer to the nearest penny

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