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This is a two part question. PLease show work with formulas as well as excel 4. Find the price of a $1000 face value bond

This is a two part question. PLease show work with formulas as well as excel

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4. Find the price of a $1000 face value bond with a 5 year life if it is expected to pay a 6 percent coupon each year and has a yield-to-maturity of 9 percent. 5. Suppose the bond above were to sell for $1080 today. What would its yield-to-maturity be if this were the case

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