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can check with excel? wanna check work A coupon bond with a par value of 51,000 and 16 years remaining until maturity has a price

can check with excel? wanna check work
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A coupon bond with a par value of 51,000 and 16 years remaining until maturity has a price of $1.012 if the bonos yield- to-maturity is 8.3% what must be its coupon rate? Assume the bond pays coupons semi-annually. Enter your answer as a decimat showing 4 decinul places. For eample, if your answor is 8.52%, enter . OAS? 0,0633 Enter your amwer as a positive number rounded to the nearest penary. NOTE: Ooceyou have correctly anwered this question, you canstart with the YTM you found une the lame valurs tor pan, coupon, and years fo maturify as above. and solve for the bond's price. 1.299.47

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