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Kasey Corporation has a bond outstanding with a coupon rate of 5.34 percent and semiannual payments. The bond has a yield to maturity of 6.7

image text in transcribed Kasey Corporation has a bond outstanding with a coupon rate of 5.34 percent and semiannual payments. The bond has a yield to maturity of 6.7 percent, a par value of $2,000, and matures in 18 years. What is the quoted price of the bond? Multiple Choice 85.90 1,889.80 1,718.00

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