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Market Price of the Bond Assignment

Author:
February 19th, 2020

Harpeth Valley Water District has a bond outstanding with a coupon rate of 3.79 percent and semiannual payments. The bond matures in 25 years, with a yield to maturity of 4.29 percent, and a par value of $5,000. What is the market price of the bond?

$4,626.02

$4,621.15

$4,632.11

$4,711.29

$4,618.91. Get Finance homework help today

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