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Union Local School District has a bond outstanding with a coupon rate of 3 . 2 percent paid semiannually and 1 4 years to maturity.
Union Local School District has a bondoutstanding with a
coupon rate of percent paid semiannually and years to
maturity. The yield to maturity on thisbondis
percent, and the bondhasa par value of
$What is the dollarprice of the
bond?Do not round intermediate calculations and
round your answer to decimal places, eg
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