Video Excel Online Structured Activity: Bond valuation You are considering a 30-year, 51,000 par value band. Its coupon rate is 11%, and interest is paid semiannually. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the question below. X Open spreadsheet If you require an effective" annual interest rate (not a nominal rate) of 7.06%, how much should you be willing to pay for the bond? Do not round Intermediate steps. Round your answer to the nearest cont. Check My Work Reset