What is the bonds price per face value

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Watters Umbrella Corp. issued 15-year bond two years ago at a coupon rate of 6.8 percent. The bonds make semi annual payments.

What is the bonds price per $100 face value?

If these bonds currently sell for 105 percent of par value, what is the YTM?

 

Please explain how to setup in Microsoft Excel formula or format?

Reference no: EM13876436

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