Business
Business, 03.12.2021 05:00, aletadaboss

Union Local School District has a bond outstanding with a coupon rate of 3.6 percent paid semiannually and 17 years to maturity. The yield to maturity on this bond is 3.9 percent, and the bond has a par value of $5,000. What is the dollar price of the bond

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Answers: 3

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Union Local School District has a bond outstanding with a coupon rate of 3.6 percent paid semiannual...

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