Question: S 0 7 . 1 1 Valuing Bonds [ LO 2 ] Union Local School District has a bond outstanding with a coupon rate of
S Valuing Bonds LO
Union Local School District has a bond outstanding with a coupon rate of percent paid semiannually and years to maturity. The Nield to maturity on this bond is percent, and the bond has a par value of $ What is the dollar price of the bond? Note: Do not round intermediate calculations and round your answer to decimal places, e
Bond price
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