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The Sisyphean Company has a bond outstanding with a face value of $ 5000 that reaches maturity in 8 years. The bond certificate indicates that

The Sisyphean Company has a bond outstanding with a face value of $ 5000 that reaches maturity in 8 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 the appropriate YTM on the Sisyphean bond is 9.5%, then the price that this bond trades for will be closest to?

A) $5570

B) 3713

C) 4641

D 6498

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