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A company is considering issuing 1 0 year bonds with a face value of $ 1 , 0 0 0 . The coupon rate is

A company is considering issuing 10 year bonds with a face value of $1,000. The coupon rate is 5% so the bonds will pay 5% of the $1,000 face value in interest every year, or $50. However, because interest is paid semiannually in two equal payments, there will be 20 coupon payments of $25 each. The $1,000 will returned at maturity. Finally, the required rate of return(discount rate) is assumed to be 8%. Prospective bond holders want to know the present value of the bonds.
Can you show formulas in excel to figure this out. I have the annual coupon rate at 5%, the required return at 8%, the years to maturity at 10, and the payment frequency at 2. I just need help with the PV function.

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