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Harpeth Valley Water District has a bond outstanding with a coupon rate of 2.67 percent and semiannual payments. The bond matures in 11 years, with a yield to maturity of 3.49 percent, and a par value of $5,000. What is the market price of the bond? Multiple Choice O $4,641.36 $4,62813 $4.720.69 $4.635.25 $4.63073

Harpeth Valley Water District has a bond outstanding with a coupon rate of 2.67 percent and semiannual payments. The bond matures in 11 years, with a yield to maturity of 3.49 percent, and a par value of $5,000. What is the market price of the bond? Multiple Choice O $4,641.36 $4,62813 $4.720.69 $4.635.25 $4.63073

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Multiple Choice $4,641.36 Harpeth Valley Water District has a bond outstanding with a coupon rate of 2.67 percent and semiannual payments. The bond matures in 11 years, with a yield to maturity of 3.49 percent, and a par value of $5,000. What is the market price of the bond? $4,62813 $4.720.69 $4,635.25 saved $4.63073 Help *** Save & Exit Submis
Transcribed Image Text:Multiple Choice $4,641.36 Harpeth Valley Water District has a bond outstanding with a coupon rate of 2.67 percent and semiannual payments. The bond matures in 11 years, with a yield to maturity of 3.49 percent, and a par value of $5,000. What is the market price of the bond? $4,62813 $4.720.69 $4,635.25 saved $4.63073 Help *** Save & Exit Submis
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