Kasey Corp. has a bond outstanding with a coupon rate of 5.82 percent and semiannual payments. The bond has a yield to maturity of 6.9 percent, a par value of $2,000, and matures in 24 years. What is the quoted price of the bond? I understand how to get the first part of the answer, which is 1748.41, but why do you have to divide by 2,000 (face value)?