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SOLVE USING EXCEL: Working as an investment analyst for a fund that invests in fixed - income assets, you are tasked with evaluating the efficacy

SOLVE USING EXCEL:
Working as an investment analyst for a fund that invests in fixed-income assets, you are tasked with evaluating the efficacy of a potential investment. You are given a bond that has a 4% coupon rate and matures in 5 years. Assume comparable debt yields 6% and that the bond is sold in increments of $1,000. What is the value of one increment of the bond?
a. $168.49
b. $885.86
c. $1,200.00
d. $915.75
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