Question: Use excel and show your excel workbook with the formulas in each cell. A bond has just been issued. The bond will mature in 8

Use excel and show your excel workbook with the formulas in each cell. A bond has just been issued. The bond will mature in 8 years. The bond's annual coupon rate is 12% and the face value of the bond is $1,000. The bond's (annual) yield to maturity is 10%.
a. Compute the bond's duration if coupons are paid quarterly:
i. Using the VBA dduration function.

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