5. 49er Company settled a dispute with a competitor over a copyright infringement on July 1,2022. 49 er agrees to make 8 quarterly payments of $22,500 at the end of every quarter starting June 30 , 2023. If 49er Company uses a 7% APR discount rate, what is the value of the settlement as of July 1 , 2022 ? 6. On January 1,202249er Company issues 5 -year bonds that will pay $620,000 at maturity. The bonds also include semi-annual interest payments of $36,750 with the first payment occurring on June 30 , 2022. If a bank uses a discount rate of 8% APR, how much would the bank be willing to pay for the bond on January 1, 2022