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7. Harpeth Valley Water District has a bond outstanding with a coupon rate of 3.39 percent and semiannual payments. The bond matures in 20 years,

7. Harpeth Valley Water District has a bond outstanding with a coupon rate of 3.39 percent and semiannual payments. The bond matures in 20 years, with a yield to maturity of 3.99 percent, and a par value of $5.000. What is the market price of the bond? 125 points Multiple Choice $468109 References $4.596.37 $4.591.93 $4,60242 $4.589 31

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