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what is the bond face amount? You are selling $15,000,000 of $1,000, 10 year bonds with a stated rate of 2.7% interest. The bonds pay

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You are selling $15,000,000 of $1,000, 10 year bonds with a stated rate of 2.7% interest. The bonds pay interest semi-annually starting at the end of the first period. The bond principal will be paid back at the end of the term. You will be using Excel and Excel Functions to create a model to find the "pricing" of the bonds at the date of sale (7/31/2020) when the market rate of interest was 2.9% and an amortization table for all 10 years of the bond term. Many of your answers will be calculated using Excel Functions and/or cell references. Be sure to follow the instructions carefully and do not type in amounts when the instructions require otherwise

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