What is the current value of a bond, Other Management

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What is the current value of a bond

Problem 1: What is the current value of a bond with the following terms: 15 years to maturity, $1000 Par, 6% coupon, annual interest, similar risk investments yield 7%.

Problem 2: What would be the value of the bond if semi-annual interest was paid instead?

Please help me to resolve these questions. Use excel please.

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