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Help? 6. College Station Company issued 300 of its 8%, $1000, 5-year bonds on January 1, 2019. On that date, the market rate of interest

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6. College Station Company issued 300 of its 8%, $1000, 5-year bonds on January 1, 2019. On that date, the market rate of interest was 12%. The bonds pay interest quarterly. How much would an investor pay for this bond? A. $215,946 B. $228,258 C. $255,462 D. $300,000 E. $300.132

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