kpruneau4391 kpruneau4391
  • 03-07-2020
  • Business
contestada

Union Local School District has bonds outstanding with a coupon rate of 2.9 percent paid semiannually and 24 years to maturity. The yield to maturity on these bonds is 2.5 percent and the bonds have a par value of $10,000. What is the price of the bonds

Respuesta :

moonsmile
moonsmile moonsmile
  • 03-07-2020

Answer:

Explanation:

The price of the bond is $9,184.18.

Answer Link

Otras preguntas

can someone help me here NONSENSE=REPORT​
) Find the domain of definition a) f(x)=3x-1/√1-5x​
A geologist in South America discovers a bird skeleton that contains 43% of its original amount of C-14. K value of C-14 is 0.0001 Find the age of the bird skel
Mike pays $285 in rent every week. How much will he pay in rent for the entire year?
Based on what you’ve read, answer the following questions. A fertilized female ovum is called a _____________. When the sole of an infant’s foot is touched, the
why did farmers earn more money after the plague
(2x4 +7) + (5x4 - 4) simpfly
Failures of the competition policy of South Africa
Please help me......asap
At a cake stall , muffins cost $2 each & cookies cost $1 each. The cake stall earned $146. If 2 more cookies than muffins were sold, how many muffins were s