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Union Local School Districct has a bond outstanding witha coupon rate of 3.1 percent paid semiannually and 22 years to maturity. The yield to maturity
Union Local School Districct has a bond outstanding witha coupon rate of 3.1 percent paid semiannually and 22 years to maturity. The yield to maturity on this bond is 3.4 percent, and the bond has a par value of 10,000. What is the dollar price of the bond
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