Business
Business, 06.04.2020 23:16, baseball1525

Union Local School District has bonds outstanding with a coupon rate of 3.3 percent paid semiannually and 15 years to maturity. The yield to maturity on these bonds is 3.8 percent and the bonds have a par value of $10,000. What is the price of the bonds?

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Union Local School District has bonds outstanding with a coupon rate of 3.3 percent paid semiannuall...

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