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So I am working on this problem and a bit confused. I don’t have a financil calculator — trying to use excel
So:
There are 3 bonds
the required rates of return are 7%, 7.5%, 10%
The coupon interest rates are 6.375%, 7.875%, 7.2% respectivly.
The Years to maturity are 27, 12, 11.
They are 1000 par value bonds.
I need to [...]

So I am working on this problem and a bit confused. I don’t have a financil calculator — trying to use excel
So:
There are 3 bonds
the required rates of return are 7%, 7.5%, 10%
The coupon interest rates are 6.375%, 7.875%, 7.2% respectivly.
The Years to maturity are 27, 12, 11.
They are 1000 par value bonds.
I need to [...]