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The Sisyphean Company has a bond outstanding with a face value of $5,000 that reaches maturity in eight years. The bond certificate indicates that the

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The Sisyphean Company has a bond outstanding with a face value of $5,000 that reaches maturity in eight years. The bond certificate indicates that the stated coupon rate for this bond is 8.5% and that the coupon payments are to be made semiannually. Assuming that this bond trades for $5,530, then the YTM for this bond is closest to: A. 9.47% B. 5.4% C. 6.76% D. 8.12%

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