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show calculations please Preston Corporation has a bond outstanding with a 590 annual interest with a semiannual coupon payment, a market price of $1,086, and

show calculations please
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Preston Corporation has a bond outstanding with a 590 annual interest with a semiannual coupon payment, a market price of $1,086, and a maturity date in 10 years. Assume the par value of the bonds is $1.000. Find the following using Excel functions where needed, show all calculations. (7 marks) a. The coupon rate or bond rate or nominal yield (2 marks) Answer: b. The current yield. Answer: C. The yield to maturity

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