FIN 370- Valuing Bonds [LO2] Union Local School District

FIN 370- Valuing Bonds [LO2] Union Local School District

Question # 00472521 Posted By: katetutor Updated on: 01/29/2017 11:11 PM Due on: 01/30/2017
Subject Finance Topic Finance Tutorials:
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Valuing Bonds [LO2] Union Local School District has a bond outstanding with a coupon rate of 3.7 percent paid semiannually and 16 years to maturity. The yield to maturity on this bond is 3.9 percent, and the bond has a par value of $5,000. What is the price of the bond?

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    Tutorial # 00468630 Posted By: katetutor Posted on: 01/29/2017 11:11 PM
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