Question: Use trials and errors method and Excel spread sheet to find the YTM on Bond issued by General Electric Capital Corp. Assume that the bond

Use trials and errors method and Excel spread sheet to find the YTM on Bond issued by General Electric Capital Corp. Assume that the bond pays coupon annually. Price of the bond are quoted as percentage of par value. A quoted price of 102.58 is 102.58% of par value. If par value (face value) of the bond is $1,000, the market price of the bond is $1,025.80. YTM is 10 years.

Please show in excel. Thank you!

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