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9 The Sisyphean Company has a bond outstanding with a face value of $ 1 0 0 0 that reaches maturity in five years. The
The Sisyphean Company has a bond outstanding with a face value of $ that reaches maturity in five years. The bond certificate indicates that the stated coupon rate for this bond is and that the coupon payments are to be made semiannually. Assuming that this bond trades for $ then what is the YTM for this bond? The Sisyphean Company has a bond outstanding with a face value of $ that reaches maturity in years. The bond certificate indicates that the stated coupon rate for this bond is and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Sisyphean bond is then what is the price that this bond trades for?
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