Kasey Corp. has a bond outstanding with a coupon rate of 5.58 percent and semiannual payments. The bond has a yield to maturity of 6.8 percent, a par value of $2,000, and matures in 12 years. What is the quoted price of the bond?

Multiple Choice

• 91.90

• 90.10

• 1,982.22

• 90.36

• 1,802.01