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please show work and formula on excel Assuming a semi-annual interest payment, determine both the bond-equivalent and annual effective annual yield (to two significant digits)

please show work and formula on excel

  1. Assuming a semi-annual interest payment, determine both the bond-equivalent and annual effective annual yield (to two significant digits) of a bond whose current price is $972, a coupon rate of 7%, a face value of $1000 and with a maturity of 15 years.

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