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The Sisyphean Company has a bond outstanding with a face value of $5,000 that reaches maturity in nine years. The bond certificate indicates that the
The Sisyphean Company has a bond outstanding with a face value of $5,000 that reaches maturity in nine years. The bond certificate indicates that the stated coupon rate for this bond is 8% and that the coupon payments are to be made semiannually. Assuming that this bond trades for $5,501, then the YTM for this bond is closest to O A. 9.12% OB. 7.81% O c. 5.2% OD. 6.51%
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