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14. You are considering the following bonds to include in your portfolio: Bond 1 Bond 2 Bond 3 $1,000.0 $1,000.0 S900.00$1,100.00$ Price Facc Value Coupon
14. You are considering the following bonds to include in your portfolio: Bond 1 Bond 2 Bond 3 $1,000.0 $1,000.0 S900.00$1,100.00$ Price Facc Value Coupon Rate $1,000.0 $1,000.0 7.00% 9.00% Maturity (Years) Required Retun 9.00% 8.00% 9.00% a) Determine the highest price you would be willing to pay for cach of these bonds using the PV function. Also find whether the bond is undervalued, overvalued, or fairly valued. b) Determine the yield to maturity on these bonds using the Rate function assuming that you purchase them at the given price. Also calculate the current yield of each bond
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