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Please answer question in excel format and include the formula used in excel. thank you for your help! 5. A bond's credit rating provides a

Please answer question in excel format and include the formula used in excel. thank you for your help! image text in transcribed
5. A bond's credit rating provides a guide to its price. Assume Aaa bonds yield 3.7% and Baa bonds yield 4.7%. Assume a 10% five-year bond with annual coupons and a face value of $1,000. a) What is the bond's price if it is rated as Aaa? b) What is the bond's price if it is rated as Baa

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