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Kasey Corp. has a bond outstanding with a coupon rate of 5.73 percent and semiannual payments. The bond has a yield to maturity of 6.7
Kasey Corp. has a bond outstanding with a coupon rate of 5.73 percent and semiannual payments. The bond has a yield to maturity of 6.7 percent, a par value o $2,000, and matures in 23 years. What is the quoted price of the bond? Multiple Choice 1,951.45 O O 1,774.05 O 88.70 O 90.48 88.96
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