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The sisyphean company has a bond outstanding with a face value of $1000 that reached maturity in 15 years. The bond certificate indicates that the

The sisyphean company has a bond outstanding with a face value of $1000 that reached 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.

How much are each of the semi-annual coupon payments?

Assuming the appropriate YTM on the sisyphean bond is 8.8%, then at what price should this bond trade?

Please include all formulas and the calculations

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