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The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in 8 years. The bond carticate indicates that the

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The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in 8 years. The bond carticate indicates that the stated coupon rate for this sond is 8.7% and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Sisyphean bond is 10%, then the price that this bond trades for will be closest to: A. $744 B. $1,115 C. $930 D. $1,301

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