Question: A bond has $2,000 face value, 24.5 years to maturity, and 5.6% annual coupon rate with coupons paid semiannually. The yield to maturity (YTM) is

A bond has $2,000 face value, 24.5 years to maturity, and

A bond has $2,000 face value, 24.5 years to maturity, and 5.6% annual coupon rate with coupons paid semiannually. The yield to maturity (YTM) is 4.92%. What is this bond's market price? Assume the interest rate compounds semiannually. $2.095.92 $2.190.03 $2,225.12 $2,192.40

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