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How do you solve this in excel? b Understanding the market price of bonds How muchs should you pay for a bond with a 2.7%

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b Understanding the market price of bonds How muchs should you pay for a bond with a 2.7% coupon with annual coupon payments if the term to maturity is 4 years and the current market rate of interest is 3.2% for a comparably risky asset? Par value= $1,000 Coupon rate 2.7% Coupons Market rate of interest 3.2% Term to maturity= 4 Current market price

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