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he Sisyphean Company has a bond outstanding with a $5000 face value of that reaches maturity in 8 years. The bond certificate indicates that the
he Sisyphean Company has a bond outstanding with a $5000 face value of that reaches maturity in 8 years. The bond certificate indicates that the stated coupon rate for this bond is 9.9 % and that the coupon payments are to be made semiannually.
Assuming that this bond trades for $5150 , then the YTM for this bond is closest to:
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