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Accessibility tab summary: Students please use the information below to complete the question completing the required cells. Given information for this question is presented in

Accessibility tab summary: Students please use the information below to complete the question completing the required cells. Given information for this question is presented in rows 6 through 12. The required answers are in rows 19 through 20. Yan Yan Corp. has a $2,000 par value bond outstanding with a coupon rate of 4.7
percent paid semiannually and 13 years to maturity. The yield to maturity of the
bond is 5.05 percent. What is the dollar price of the bond?
Input area:
(Use cells A6 to B12 from the given information to complete this question. You must use the built-in Excel function to
this question. Leave the "Basis" input blank in the function. You may enter a constant as a hard coded value.)
Output area:
Price (% of par)
Price
Yan Yan Corp. has a $2,000 par value bond outstandingwith a coupon rate of 4.7 percent paid semiannually and 13 years to maturity. Theyield to maturity of the bond is 5.05 percent. What is the dollar price of the bond?
Please use excel formulas to answer this question
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