Question
The Sisyphean Company has a bond outstanding with a face value of $ 5000 that reaches maturity in 5 years. The bond certificate indicates that
The Sisyphean Company has a bond outstanding with a face value of $ 5000 that reaches maturity in 5 years. The bond certificate indicates that the stated coupon rate for this bond is 9 % and that the coupon payments are to be made semiannually. Assuming that this bond trades for $ 4999 , then the YTM for this bond is closest to:
A. 9%
B. 7.2%
C. 10.8%
D. 12.6%
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Crypto Rich A Millenial S Guide To Cryptocurrency And Investing Basics
Authors: Michelle Lilly ,Knowledge Smith ,Imani Smith ,Xavier Odili
1st Edition
1639726470, 978-1639726479
