Please provide formulas

F A B D E 1 On January 1, Ruiz Company issued bonds as follows: 2 3 Face Value: S 500,000 4 Number of Years: 30 S Stated Interest Rate: 7% 6 Interest payments per year 1 7 (Note: the bonds pay interest annually) 8 9 Required: 10 1) Calculate the bond selling price given the two market interest rates below. 11 Use formulas that reference data from this worksheet and from the appropriate future or 12 present value tables (found by clicking the tabs at the bottom of this worksheet). 13 Note: Rounding is not required. 14 a) Market Interest Rate: 9% 15 16 Annual Interest Payment: $ 35,000.00 17 PV of Face Value 18 + PV of Interest Payments: 19 = Bond Selling Price: 20 21 b) Market Interest Rate: 5.5% 22 23 Annual Interest Payment: 35,000.00 IPV of Enc Valle ty of $1 Present Value of Annuity of $1 Sheet1 READY Attempt(s) 1/3 - 100% Mint F A B D E 19 = Bond Selling Price: 20 21 b) Market Interest Rate: 5.5% 22 23 Annual Interest Payment: 35,000.00 24 PV of Face Value: 25 + PV of Interest Payments: 26 Bond Selling Price: 27 28 2. Use the Excel IF function to answer either "Premium" or "Discount" to the following items. 29 30 The bond in (a) sold at a: 31 32 The bond in (b) sold at a: 33 34 35 36 +