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a. 13.3% b. 9.5% c. 11.4% d. 7.6% The Sisyphean Company has a bond outstanding with a face value of $5,000 that reaches maturity in
a. 13.3%
b. 9.5%
c. 11.4%
d. 7.6%
The Sisyphean Company has a bond outstanding with a face value of $5,000 that reaches maturity in 8 years. The bond certificate indicates that the stated coupon rate for this bond is 8.2% and that the coupon payments are to be made semiannually. Assuming that this bond trades for $4,640, then the YTM for this bond is closest toStep by Step Solution
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