Question: this answer in wrong. i need help finding the correct answer A municipal bond with a coupon rate of 3.6 percent has a yield to
A municipal bond with a coupon rate of 3.6 percent has a yield to maturity of 4.6 percent. Assume a face value of $5,000. If the bond has 20 years to maturity, what is the price of the bond? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete but not entirely correct
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