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can you please show work in excel formatting. Union Local School District has bonds outstanding with a coupon rate of 3.7 percent paid semiannually and
can you please show work in excel formatting.
Union Local School District has bonds outstanding with a coupon rate of 3.7 percent paid semiannually and 16 years to maturity. The yjeld to maturity on these bonds is 3.9 percent and the bonds have a par value of $5,000. What is the dollar price of the bond? Complete the following analysis. Do not hard code values in your calculations. Leave the "Basis" input blank in the function. You must use the built-in Excel function to answer this Step by Step Solution
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