Question: A bond has $2,000 face value, 26 years to maturity, and 5.4% annual coupon rate with coupons paid semiannually. The yield to maturity (YTM) is

A bond has $2,000 face value, 26 years to maturity, and 5.4% annual coupon rate with coupons paid semiannually. The yield to maturity (YTM) is 6.12%. What is this bond's market price? Assume the interest rate compounds semiannually. \begin{tabular}{c} \hline$1,927.24 \\ \hline$2,190.03 \\ \hline$1,813.79 \\ \hline$2,192.40 \end{tabular}
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