A bond offers a coupon rate of 6%, paid semiannually, and has a maturity of 17...

A bond offers a coupon rate of 6%, paid semiannually, and has a maturity of 17 years. If the current market yield is 3%, what should be the price of this bond?

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SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

As nothing was mentioned excel is used. If you need with formula, let me know, will do that also. Thank you.

jeff jeffy answered 4 months ago

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