Question: post explanation please You are evaluating a bond with a face value of $20,000, a bond rate of 6% (nominal), payable quarterly, and that matures

post explanation please

You are evaluating a bond with a face value of $20,000, a bond rate of 6% (nominal), payable quarterly, and that matures in 5 years. You would like to earn a nominal interest of 12%. How much should you expect to pay for the bond? Show using both PW method and incremental analysis

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