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Excel Online Structured Activity: Bond valuation You are considering a 30 -year, $1,000 par value bond. Its coupon rate is 11%, and interest is paid

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Excel Online Structured Activity: Bond valuation You are considering a 30 -year, $1,000 par value bond. Its coupon rate is 11%, and interest is paid semiannually. The data has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the question below. Open spreadsheet If you require an "effective" annual interest rate (not a nominal rate) of 9.34%, how much should you be willing to pay for the bond? Do not round intermediate steps. Round your answer to the nearest cent. \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multirow{2}{*}{\multicolumn{2}{|c|}{ Bond valuation }} & B & \multirow[t]{2}{*}{ C } & \multirow[t]{2}{*}{ D } & \multirow[t]{2}{*}{ E } & \multirow[t]{2}{*}{F} \\ \hline & & & & & & \\ \hline 2 & & & & & & \\ \hline 3 & Years to maturity & 30 & & & & \\ \hline 4 & Par value of bond & $1,000.00 & & & & \\ \hline 5 & Coupon rate & 11.00% & & & & \\ \hline 6 & Frequency interest paid per year & 2 & & & & \\ \hline 7 & Effective annual rate & 9.34% & & & & \\ \hline 8 & & & & & & \\ \hline 9 & Calculation of periodic rate: & & & Formulas & & \\ \hline 10 & Nominal annual rate & & & \#N/A & & \\ \hline 11 & Periodic rate & & & \#N/A & & \\ \hline 12 & & & & & & \\ \hline 13 & Calculation of bond price: & & & Formulas & & \\ \hline 14 & Number of periods & & & \#N/A & & \\ \hline 15 & Interest rate per period & 0.00% & & & & \\ \hline 16 & Coupon payment per period & & & HN/A & & \\ \hline 17 & Par value of bond & $1,000.00 & & & & \\ \hline 18 & Price of bond & & & \#N/A & & \\ \hline 19 & & & & & & \\ \hline 20 & & & & & & \\ \hline 2122 & & & & & & \\ \hline 22 & & & & & & \\ \hline 24 & & & & & & \\ \hline 2526 & & & & & & \\ \hline \end{tabular}

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