capital planning
1 TO 2 PAGES AND AN EXCEL FILE!!!Using the attached Excel file, respond to the following questions:Assume that UPC is issuing a 10-year, $10,000 par value bond with a 6% annual coupon if its required rate of return is 6%. What is the value of this bond? Show your calculations in the Excel file.If the coupon rate changes to 7%, would UPC be issuing a discount or a premium bond? Show your calculations in the Excel file.If the coupon rate changes to 5%, would UPC be issuing a discount or a premium bond? Show your calculations in the Excel file.What are the values of the 5%, 6%, and 7% coupon bonds over time if the required return remained at 6%? Complete the table for years 1 to 8.Assume that UPC was successful in generating $15 million from its bond issue. Design a strategy for the financing of project C. Respond using a Word document.