Online Activity: Bond valuation 2 on 1 Video Excel Online Structured Activity: Bond valuation You are considering a 20-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. X Open spreadsheet If you require an "effective" annual interest rate (not a nominal rate) of 10.38%, how much should you be willing to pay for the bond? Do not round intermediate steps. Round your answer to the nearest cent. $ Check My Work Reset Problem File Home Insert Formulas Data Help Tell me what you want to do Review View == - A A Arial 10 Percentage $ - % 68 00 .00 Conditional Formatting Undo Font Alignment Number E Paste BI U Dab Clipboard 810 fx 1 Bond valuation 2 3 Years to maturity 4 Par value of bond 5 Coupon rate 6 Frequency interest paid per year 7 Effective annual rate 8 9 Calculation of periodic rate: 10 Norhinal annual rate 11 Periodic rate 12 13 Calculation of bond price: 14 Number of periods 15 Interest rate per period 16 Coupon payment per period 17 Par value of bond 18 Price of bond 19 20 21 22 20 $1,000.00 11.00% 2 10.38% Formulas #N/A #N/A Formulas #N/A 0.00% #N/A $1,000.00 #N/A