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Please show formulas in excel. Thank you! Westco Co. issued 15 -year bonds a year ago at a coupon rate of 5.4 percent. The bonds

Please show formulas in excel. Thank you! image text in transcribed
Westco Co. issued 15 -year bonds a year ago at a coupon rate of 5.4 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 4.5 percent, what is the current price of the bond in dollars? Input area: (Use cells A6 to B12 from the given information to complete this question. You must use the built-in Excel function to answer this question. Leave the "Basis" input blank in the function. You may enter a constant as a hard coded value.)

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