Business, 05.09.2019 18:30 allycoops666666

Union local school district has bonds outstanding with a coupon rate of 4.9 percent paid semiannually and 20 years to maturity. the yield to maturity on these bonds is 5.6 percent and the bonds have a par value of $10,000. what is the dollar price of the bond? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

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Union local school district has bonds outstanding with a coupon rate of 4.9 percent paid semiannuall...