Union Local School District has a bond outstanding with a coupon rate of 3 2 percent paid semiannually and 21 years to maturity The yield to maturity on this bond is 3 5 percent, and the bond has a par value of $5,000 What is the dollar price of the bond (Do not round intermediate calculations and...

To calculate the dollar price of the bond we can use the present value formula for a bond Bond Price ...

Union Local School District has a bond outstanding with a coupon rate of 3.2 percent paid...

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Fundamentals Of Corporate Finance

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Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Union Local School District has a bond outstanding with a coupon rate of 3.2 percent paid...

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Fundamentals Of Corporate Finance

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