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The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in nine years. The bond certificate indicates that the
The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in nine years. The bond certificate indicates that the stated coupon rate for this bond is 8.2% and that the coupon payments are to be made semiannually. Assuming that this bond trades for $1,127, then the YTM for this bond is closest to: A. 5.1% B. 8.87% O C. 7.6% O D. 6.33% What is the present value (PV) of $90,000 received nine years from now, assuming the interest rate is 5% per year? A. $58,500 B. $58,015 O C. $101,526 O D. $49,313
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