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Assume the market price of the bond is $850.90, coupon or interest payment is $100, maturity value is $1,000 and number of periods is 20.
Assume the market price of the bond is $850.90, coupon or interest payment is $100, maturity value is $1,000 and number of periods is 20. What interest rate will force the future cash inflows to equal $850.90?
Do it on excel Please
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