Bond valuation-what is the current price of this bond

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Bond Valuation

A corporate bond has a face value of $1,000. The bond has an 8% coupon rate and it has 13 years to maturity. The interest rate on similar bonds is 6%. Assume interest is paid annually. What is the current price of this bond?

Assume everything in #1 above, except the interest rate on similar bonds is 4%. What is the current price of this bond?

Assume everything in #1 above, except the interest rate on similar bonds is 4% and the bond pays interest semiannually. What is the price of this bond?

please show me using excel

Reference no: EM131953364

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