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Compute Bond PriceCompute the price of a 3.8 percent coupon bond with 15 years left to maturity and a market interest rate of 6.8 percent.

Compute Bond PriceCompute the price of a 3.8 percent coupon bond with 15 years left to maturity and a market interest rate of 6.8 percent. (Assume interest payments are semiannual.) Is this a discount or premium bond?

I need to learn through Excel for this problem, the formula.

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