Engineering economics

2. (a) A Bond has a face value (PAR) of 10,000. a 6% ye obtai It pays a quarterly dividend (bond rate) at arly rate. You will hold it for 5 years and then plan to sell it at 11,000. You want in an investment return of 12%/year. If your wishes are met what is the maximum amount you can pay for the bond at t -o. As part of the solu governing equation and show how you are using each term. you must give the