Question: Video Excel Online Structured Activity: Bond valuation You are considering a 20-year, $1,000 par value bond. Its coupon rate is 9%, and interest is paid

Video Excel Online Structured Activity: Bond valuation You are considering a 20-year, $1,000 par value bond. Its coupon rate is 9%, 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 11.17%, how much should you be willing to pay for the bond? Do not round intermediate steps. Round your answer to the nearest cent. $ Check My Work Reset

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