Question: D Question 9 5 pts Union Fire Department has a band outstanding with a coupon rate of 2.5% paid semiannually and 15 years to maturity.
D Question 9 5 pts Union Fire Department has a band outstanding with a coupon rate of 2.5% paid semiannually and 15 years to maturity. The yield to maturity on this bond is 4%, and the bond has a par value of $5,000. What is the price of the bond? $5.510.02 O $4,881.80 @ $4.160.13 O $5.933.33
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