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The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in 9 years. The bond certificate indicates that the
The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in 9 years. The bond certificate indicates that the stated coupon rate for this bond is 9% and that the coupon payments are to be made semiannually Assuming the appropriate YTM on the Sisyphean bond is 10.8%, then the price that this bond trades for will be closest to: ... O A. $898 OB. $718 O C. $1,257 OD. $1,078
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