Union local school district has a bond outstanding with a


Union Local School District has a bond outstanding with a coupon rate of 3.7% paid semiannually and 16 years to maturity. The yield to maturity on this bond is 3.9% and the bond has a par value of $5,000. What is the price of the bond?

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Corporate Finance: Union local school district has a bond outstanding with a
Reference No:- TGS02727179

Now Priced at $10 (50% Discount)

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