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The Sisyphean Company has a bond outstanding with a face value of $1000 that reaches maturity in 13 years. The bond certificate indicates that

The Sisyphean Company has a bond outstanding with a face value of $1000 that reaches maturity in 13 years. The bond certificate indicates that the stated coupon rate for this bond is 5% and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Sisyphean bond is 7.6%, then the price of this bond will be: The price of the bond is: $ (round to two decimal places) ...

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