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24. The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in nine years. The bond certificate indicates that
24.
The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in nine years. The bond certificate indicates that the stated coupon rate for this bond is 8.1% and that the coupon payments are to be made semiannually Assuming that this bond trades for $1,083, then the YTM for this bond is closest to: C. O A. 8.22% OB. 9.59% O C. 5.5% OD. 6.85%Step by Step Solution
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