Question: Show the formula using the PRICE function. Thanks Assume the following input parameters for a bond. begin{tabular}{|c|l|l|l|l|} hline 1000 & Par value & &

Show the formula using the PRICE function. Thanks Assume the following input

Show the formula using the PRICE function. Thanks

Assume the following input parameters for a bond. \begin{tabular}{|c|l|l|l|l|} \hline 1000 & Par value & & \\ \hline 22 & T, time to maturity, in years & & \\ \hline 12% & C,couponratey,yieldtomaturitym,compoundingperiodsperyear & \\ \hline 9.87% & & & \\ \hline 2 & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} Part A) Using Excel's PRICE function, what is the bond's price

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