Question: Yan Yan Corp. has a $ 2 0 0 0 par value bond outstanding with a coupon rate of 4 . 9 percent paid semmiannually

Yan Yan Corp. has a $2000 par value bond outstanding with a coupon rate of 4.9 percent paid semmiannually and 13 years to maturity. The Yield to maturity of the bond is 3.8 percent. What is the dollar price of the bond? Settlement date =1/1/2000 Maturity date=1/1/2013 Coupon rate =4.90%, Coupons per year =2 Redemption value (% of par)100 Yield to maturity =3.80% Par value= $2000 You must use the built in excel function to answer this question. (All Answers must be entered as a formula please)

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