Question: A bond has $2,000 face value, 23.5 years to maturity, and 4.5% 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 4.5% annual coupon rate with coupons paid semiannually. The yield to maturity (YTM) is 7.62%. What is this bond's market price? Assume the interest rate compounds semiannually. $1,532.24$1,294.46$1,322.35$2,135.67

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