Question: solve using pricing formula and excel 4. A bond with a face value of $1,000 pays a 10% (APR) semiannual coupon and matures in 10

solve using pricing formula and excel

4. A bond with a face value of $1,000 pays a 10% (APR) semiannual coupon and matures in 10 years. Similar bonds trade at a YTM of 8% (APR). What is the price of the bond

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