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he Sisyphean Company has a bond outstanding with a face value of $ 1 , 0 0 0 that reaches maturity in 1 5 years.

he Sisyphean Company has a bond outstanding with a face value of $

$1, 000$ that reaches maturity in $15$ years. The bond certificate indicates that the stated coupon rate for this bond is $8 %$ and that the coupon payments are to be made semi $-$ annually. Required: Assuming that this bond trades for $ $1, 035.44,$ then the YTM for this bond is equal to:

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