Problem 6.17 – Union Local School District

Essentials of Corporate Finance

Ross, Westerfield, and Jordan

10th Edition and 11th Edition

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What is the price of the Union Local School District bonds with a coupon rate of 2.9 percent paid semi-annually, 16 years to maturity, a yield to maturity of 2.7 percent, and a par value of $5,000? Your numbers will vary!

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  • Search Terms: $,. . a a coupon and bonds bonds? district dollar has have is local maturity maturity. of on outstanding paid par value percent price rate school semiannually the the yield these to union valuing what with years
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