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The Sisyphean Company has a bond outstanding with a face value of $1000 that matures in 10 years. The bond certificate indicates that the stated
The Sisyphean Company has a bond outstanding with a face value of $1000 that matures in 10 years. The bond certificate indicates that the stated coupon rate for this bond is 4% and that the coupon payments are to be made annually. If the current market price of the bond is $927.50, what would the yield to maturity of the bond be? A. 5.11% B. 6.72% C. 3.55% OD. 4.94% O E. 2.78%
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