X EF-4B (similar to) Quimby Corp purchased five $1,000 5% bonds of Voltgo Corporation when the market rate of interest was 8% Interest is paid semiannually, and the bonds will mature info Using the P function in Excel.compute the price Quimby paid (the present value) for the bond investment. (Assume that all payments of interest and principal occur at thu Quimby paid $ on the bond investment Enter any number in the edit fields and then click Check Answer Clear All All parts showing Add a heading.pdf Du 80 888 esc # 3 $ 4 % 5 02 > & 7 8 2 Y R T W Q E 7 of Score: 0 of 3 pts X EF-4B (similar to) Quimby Corp. purchased five $1,000 5% bonds of Voltgo Corporation when the market rate of interest was 8%. Inter Using the PV function in Excel, compute the price Quimby paid (the present value) for the bond investment. (Assur Quimby paid $ on the bond investment. Ques oration when the market rate of interest was 8%. Interest is paid semiannually, and the bonds will mature in four years. mid (the present value for the bond investment. (Assume that all payments of interest and principal occur at the end of the period. Round your answer to the nearest