The Sisyphean Company has a bond outstanding with a face value of $5,000 that reaches maturity in 10 years. The bond certificate indicates that the stated coupon rate for this bond is 9.4% and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Sisyphean bond is 7.4%, then the price that this bond trades for will be closest to:

A.

$7,977

B.

$4,558

C.

$6,838

D.

$5698