Question: Kasey Corp. has a bond outstanding with a coupon rate of 5.76 percent and semiannual payments. The bond has a yield to maturity of 6.3

Kasey Corp. has a bond outstanding with a coupon rate of 5.76 percent and semiannual payments. The bond has a yield to maturity of 6.3 percent, a par value of $2,000, and matures in 21 years. What is the quoted price of the bond?

94.03

95.63

93.76

2,062.69

1,875.17

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