Business
Business, 03.07.2021 04:20, Lucid4465

Union Local School District has bonds outstanding with a coupon rate of 3.9 percent paid semiannually and 16 years to maturity. The yield to maturity on these bonds is 4.2 percent and the bonds have a par value of $5,000. What is the price of the bonds

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Union Local School District has bonds outstanding with a coupon rate of 3.9 percent paid semiannuall...

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