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What is the expected price of the following loan? Principal (par value): 15,000 Stated rate: .12 Maturity: 7 year Interest rate for the loan: .08

What is the expected price of the following loan?

Principal (par value): 15,000 Stated

rate: .12

Maturity: 7 year

Interest rate for the loan: .08

If possible can you solve in excel

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