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Kasey Corp. has a bond outstanding with a coupon rate of 5.2 percent and semiannual payments. The bond has a yield to maturity of 6.1

Kasey Corp. has a bond outstanding with a coupon rate of 5.2 percent and semiannual payments. The bond has a yield to maturity of 6.1 percent, a par value of $2.000, and matures in 20 years. What is the quoted price of the bond? Multiple Choice

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