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Union Local School District has bonds outstanding with a coupon rate of ( 3 . 6 ) percent paid semiannually and 1 7

Union Local School District has bonds outstanding with a coupon rate of \(3.6\) percent paid semiannually and 17 years to maturity. The Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,\(32.16\).

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