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please show answer/formulas on excel a) Do-Well bonds have a face value of $1,000 and are currently quoted at 900.25. The bonds have a coupon
please show answer/formulas on excel
a) Do-Well bonds have a face value of $1,000 and are currently quoted at 900.25. The bonds have a coupon rate of 9.5 percent. What is the current yield on these bonds? (5 points) b) Your mother invested $4,500 today. After sixty years, that investment will be worth $430,065.11. What is the interest rate she earned on this investment? (5 points) Step by Step Solution
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