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calculation in Connect. Please use excel file to calculate the following questions. Layout your initial input separately and clearly and do all the calculation inside
calculation in Connect. Please use excel file to calculate the following questions. Layout your initial input separately and clearly and do all the calculation inside of excel file. (Excel part: 5 points) Union Local School District has bonds outstanding with a coupon rate of 3.2 perceni paid semiannually and 21 years to maturity. The yield to maturity on the bonds is 3.5 percent and the bonds have a par value of $5,000. What is the price of the bonds? (Dc not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.)
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