Question: *ANSWER NEEDS TO BE THE EXCEL FORMULA* * NEED EXCEL FORMULA FOR THE ANSWER* THANK YOU!! Union Local School District has bonds outstanding with a

*ANSWER NEEDS TO BE THE EXCEL FORMULA*

*ANSWER NEEDS TO BE THE EXCEL FORMULA* *NEED EXCEL FORMULA FOR THE

*NEED EXCEL FORMULA FOR THE ANSWER*

THANK YOU!!

Union Local School District has bonds outstanding with a coupon rate of 3.7 percent paid semiannually and 16 years to maturity. The yield to maturity on these bonds is 3.9 percent and the bonds have a par value of $5,000. What is the dollar price of the bond? Complete the following analysis. Do not hard code values in your calculations. Leave the "Basis" input blank in the function. You must use the built-in Excel function to answer this

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