Business, 01.08.2020 02:01 Weaj01

Union local school district has a bond outstanding with a coupon rate of 3.3 percent paid semiannually and 20 years to maturity. The yield to maturity on this bond is 3.7 percent, and the bond has a par value of 10000. What is the price of the bonds?

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Union local school district has a bond outstanding with a coupon rate of 3.3 percent paid semiannual...

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