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please show work and formulas used QUESTION 3 1 point Use the information for the question(s) below. The Sisyphean Company has a bond outstanding with

image text in transcribed please show work and formulas used
QUESTION 3 1 point Use the information for the question(s) below. The Sisyphean Company has a bond outstanding with a face value of $1000 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 semiannually. Assuming the appropriate YTM on the Sisyphean bond is 9.0%, then the price that this bond trades for will be closest to: $1086 C$1000 $946 $919 OOO

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