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* * CAN SOMEONE PLEASE PROVIDE THE CORRECT EXCEL FORMULA NEEDED, THANK YOU * * A 6 percent corporate coupon bond is callable in five

**CAN SOMEONE PLEASE PROVIDE THE CORRECT EXCEL FORMULA NEEDED, THANK YOU**
A 6 percent corporate coupon bond is callable in five years for a call premium of one year of coupon payments. Assuming a par value of $1,000, what is the price paid to the bondholder if the issuer calls the bond?
You must use the built-in Excel function to answer this question. All answers should be displayed as positive numbers.
Input area:
Output area:
Your formula must include the FV function and return a positive value.
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