The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in 8 years. The bond certificate indicates that the stated coupon rate for this bond is 9.8% and that the coupon payments are to be made semiannually.

Assuming the appropriate YTM on the Sisyphean bond is 7.9%, then the price that this bond trades for will be closest to:

A. 1111

B. 1,333

C. 1,556

D. 889

The Sixpphean Company has a bond outstanding with a tace value of $1,000 that tesches maturty in 8 years. The bond certicate indicates that the atated cocpon rate for this bond is 9.8% and that the coupon paymenls aro to be made semiannualy. Assuming the appropriak YTM on the Sibyphean bond is 7.9\%, then the price that this bond trases for wal be cosest to. A. 51,111 8. 51,333 C. 51,556 D. 5889