Bond valuation you are considering a 10-year 1000 per


Bond Valuation

You are considering a 10-year, $1000 per value bond. Its coupon rate is 9% and interest is paid semiannually. If you require an effective annual interest rate ( not a nominal rate) of 8.16%, how much should you be willing to pay for the bond?

Please answer in excel format.

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Financial Management: Bond valuation you are considering a 10-year 1000 per
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