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Create an excel spreadsheet to answer the following questions A 3 0 - year maturity bond has a 7 % coupon rate, paid annually. It

Create an excel spreadsheet to answer the following questions
A 30-year maturity bond has a 7% coupon rate, paid annually. It sells today for $867.42. A 20-year maturity bond has a 6.5% coupon rate, also paid annually. It sells today for $879.50. A bond market analyst forecasts that in five years, 25-year maturity bonds will sell at yields to maturity of 8% and that 15- year maturity bonds will sell at yields of 7.5%. Because the yield curve is upward-sloping, the analyst believes that coupons can be invested in short-term securities at a rate of 6%.
a. Calculate the expected rate of return of the 30-year bond over the
five-year period.
b. What is the expected return of the 20-year bond?

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