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A bond with 16 years to maturity and a semiannual coupon rate of 4.93 percent has a current yield of 5.29 percent. The bond's par

A bond with 16 years to maturity and a semiannual coupon rate of 4.93 percent has a current yield of 5.29 percent. The bond's par value is $2,000. What is the bond's price?

  1. 2146.04
  2. 2019.22
  3. 1863.89
  4. 1832.83
  5. 1931.95

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