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Harpeth Valley Water District has a bond outstanding with a coupon rate of 3.07 percent and semiannual payments. The bond matures in 16 years, with

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Harpeth Valley Water District has a bond outstanding with a coupon rate of 3.07 percent and semiannual payments. The bond matures in 16 years, with a yield to maturity of 3.75 percent, and a par value of $5,000. What is the market price of the bond? Multiple Choice $4,60076 $4,68557 $4,606.82 $4,593.69 $4,596.41

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