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help! there is a time limit The Sisyphean Company has a bond outstanding with a face value of $5,000 that reaches maturity in 9 years.
help! there is a time limit
The Sisyphean Company has a bond outstanding with a face value of $5,000 that reaches maturity in 9 years. The bond certificate indicates that the stated coupon rate for this bond is 8.9% and that the coupon payments are to be made semiann How much will each semiannual coupon payment be? O A. $222.50 B. $890.00 C. $667.50 D. $445.00Step by Step Solution
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