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The Sisyphean Company has a bond outstanding with a face value of $1000 that reaches maturity in 5 years. The bond certificate indicates that the

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The Sisyphean Company has a bond outstanding with a face value of $1000 that reaches maturity in 5 years. The bond certificate indicates that the stated coupon rate for this bond is 8.1% and that the coupon payments are to be made semi-annually. Assuming the appropriate YTM on the Sisyphean bond is 10.6%, then this bond will trade at A. a premium B. a discount C. par D. none of the above

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