Business, 31.03.2020 01:33 tansebas1107

Union Local School District has a bond outstanding with a coupon rate of 3.2 percent paid semiannually and 21 years to maturity. The yield to maturity on this bond is 3.5 percent, and the bond has a par value of $5,000. What is the price of the bond?

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Union Local School District has a bond outstanding with a coupon rate of 3.2 percent paid semiannual...