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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union local school district has a bond outstanding with a coupon rate of 37 paid semiannually and 16 years to maturity
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