Question: Use excel to complete the problem. Show formula used. 6. Bond Prices [L02] Sqeekers Co. issued 15-year bonds a year ago at a coupon rate

Use excel to complete the problem. Show formula used.

6. Bond Prices [L02] Sqeekers Co. issued 15-year bonds a year ago at a coupon rate of 4.1 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 4.5 percent, what is the current bond price?

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