You are considering a 30-year, $1,000 par value bond. Its coupon rate is %, and interest is paid semiannually. The data has been collected in the Microsoft Excel Online ile below. Open the spreadsheet and perform the red analysis to answer the question below Open spreadsheet If you require an "effective annual interest rate (not a nominal rate) of 7.42%, how much should you be willing to pay for the bond? Do not round intermediate steps. Round your answer to the searest cent Bond valuation A B Years to maturity Par value of bond 5 Coupon rate 5 Frequency interest paid per year 8 9 Effective annual rate Calculation of periodic rate: 0 Nominal annual rate 12 Periodic rate 13 Calculation of bond price: 30 $1,000.00 9.00% 2 7.43% Formulas #N/A #N/A Formulas 14 Number of periods #N/A 15 Interest rate per period 0.00% 16 Coupon payment per period #N/A 17 Par value of bond $1,000.00 #N/A 18 Price of bond 19 20 21 22 28