Union local school district has bonds outstanding with a, Ask an Expert

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Union Local School District has bonds outstanding with a coupon rate of 3.9 percent paid semiannually and 22 years to maturity. The yield to maturity on these bonds is 4.5 percent and the bonds have a par value of $10,000. What is the dollar price of the bond?

What is the dollar price of the bond?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91946662

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