The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in eight years. The bond certificate indicates that the stated coupon rate for this bond is 8.2% and that the coupon payments are to be made semiannually. Assuming that this bond trades for $1,098, then the YTM for this bond is closest to: A. 5.3% B. 6.6% C. 9.24% D. 7.92% A company issues a ten-year bond at par with a coupon rate of 6.7% paid semi-annually. The YTM at the beginning of the third year of the bond (8 years left to maturity) is 7.8%. What is the new price of the bond? A. $1,310 B. $1,123 C. $935 D. $1,000