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use excel if necessary and show all the formula and all the details. I will definitely give thumbs up if true How much would you

image text in transcribed use excel if necessary and show all the formula and all the details. I will definitely give thumbs up if true

How much would you be willing to pay for a 4.25% coupon bond with 8 years remaining to maturity, with par value of $1000, when the going rate of interest is 4% ? Show your calculations

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