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The Sisyphean Company has a bond outstanding with a face value of $ 5 , 0 0 0 that reaches maturity in 8 years. The

The Sisyphean Company has a bond outstanding with a face value of $5,000 that reaches maturity in 8 years. The bond certificate indicates that the stated coupon rate for this bond is 9.9% and that the coupon payments are to be made semiannually.
Assuming the appropriate YTM on the Sisyphean bond is 7%, then the price that this bond trades for will be closest to:
A.$ 8228
B.$ 4701
C.$ 7052
D.$ 5877

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