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please show excel formuals, thank you QI A bond has a 10-year maturity, a 5% coupon paid semiannually, and $1000 par value. The required rate
please show excel formuals, thank you
QI A bond has a 10-year maturity, a 5% coupon paid semiannually, and $1000 par value. The required rate of return (yield to maturity)on the bond is 11%. Compute the price of the bond today using a table of cash flows (discount the cash flow in each period back to the present using the time value of money formula) SHOW WORK HERE, HIGHLIGHT FINAL ANSWER IN YELLOW +
please show excel formuals, thank you
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