Union Local School District has a bond outstanding with a co

Union Local School District has a bond outstanding with a coupon rate of 2.3 percent paid semiannually and 3 year to maturity. The yield to maturity on this bond is 1.47 percent, and the bond has a par value of $5,000. What is the price of the bond?

Price of the bond = 5000(0.023*6)+5000(1+0.0147) = 5763.5