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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

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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? Excel function to answer this question. Leave the "Basis" input blank constant as a hard coded value.)

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