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Excel Online Structured Activity: Bond valuation You are considering a 25 -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 25 -year, $1,000 par value bond. Its coupon rate is 11%, and interest is paid semiannually. The data has been collected in th question below. Open spreadsheet If you require an "effective" annual interest rate. (not a nominal rate) of 7,44\%, how much should you be willing to pay for the bond? Do not round 4. hew much should you be willing to pay for the boed? Do not round intermediate steps. Round yeur answer to the nearest cent

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