Instructions; Complete all cells shaded green. All answers must be determined using EXCEL formulae. Question 2 On January 1, 2021 a Company issued the following Bonds: Face amount Number of years Stated interest rate $500,000 15 8% The bonds pay interest semi-annually. Part 1 Using the PV function and assuming the annual market interest rate is 6% determine the price of the bonds issued on January 1, 2021. Number of interest periods Semi-annual interest payment Face amount (Future Value) Market interest rate per semi-annual period Price of bonds (Present Value) 2 points 2 points 2 points 2 points (Use PV Fx function) 2 points 2 points Price of bond as an absolute amount Part 2 Use the IF function to answer either 'Premium" or "Discount" to the following question: The bond in Part 1 is sold at a: 2 points Compare the price of the bond as an absolute amount to the face amount Note: points will only be assigned where the answer is determine using EXCEL formulae or cell references.