Question: A bond has $2,000 face value, 23.5 years to maturity, and 5.5% annual coupon rate with coupons paid semiannually. The yield to maturity (YTM) is

A bond has $2,000 face value, 23.5 years to maturity, and 5.5% annual coupon rate with coupons paid semiannually. The yield to maturity (YTM) is 4.82%. What is this bonds market price? Assume the interest rate compounds semiannually. Group of answer choices

$2,095.92

$2,190.03

$2,176.24

$2,005.24

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