Question: Question 5 [5 points] Is. Farrington is purchasing a municipal strip bond with 22 years until maturity. The current market yield for the bond is

Question 5 [5 points] \\Is. Farrington is
Question 5 [5 points] \\Is. Farrington is purchasing a municipal strip bond with 22 years until maturity. The current market yield for the bond is 3.692%. If the face value of the bond is $5,000, what is the aorice of the bond today? For full marks your answer(s) should be rounded to the nearest cent. Price =$ 0.00

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