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USE EXCEL TO SOLVE THIS: Exercise 5: Consider three bonds with 8% coupon rates, all selling at face value. The short term bond has a

USE EXCEL TO SOLVE THIS:

image text in transcribed Exercise 5: Consider three bonds with 8% coupon rates, all selling at face value. The short term bond has a maturity of 4 years, the intermediate-term bond has a maturity of 8 years, and the longterm bond has maturity of 30 years. Compute the price of these bonds if their yields increase to 9% and if it decreases to 7%. What can be concluded

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