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Option five is incorrect: 12. Kasey Corp. has a bond outstanding with a coupon rate of 5.9 percent and semiannual payments. The bond has a

Option five is incorrect:image text in transcribed

12. Kasey Corp. has a bond outstanding with a coupon rate of 5.9 percent and semiannual payments. The bond has a yield to maturity of 6.3 percent, a par value of $2,000, and matures in 16 years. What is the quoted price of the bond? O 100.80 O 961.52 0 96.00 O 97.92 1,920.08

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