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The Sisyphean Company has a bond outstanding with a coupon rate of 8% and a face value of $1000. Assuming the appropriate yield to maturity

The Sisyphean Company has a bond outstanding with a coupon rate of 8% and a face value of $1000. Assuming the appropriate yield to maturity on the Sisyphean bond is 9.0%, then the price that this bond trades for will be closest to:

PS. There is no missing data in this question.

Select one:

a. $1000

b. $1046

c. $1086

d. $919

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