Mathematics, 29.09.2021 17:00 dareaalcaam111

The City of State College plans to issue bonds with a par value of $5,000 that will issue 8% quarterly payments for 7 years. If a purchaser wants earn 6% per quarter over the lifetime of the bond, how much would the purchaser be willing to pay for the bond?

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The City of State College plans to issue bonds with a par value of $5,000 that will issue 8% quarter...