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The Sisyphean Company has a bond outstanding with a face value of $5,000 that reaches maturity in 5 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 5 years. The bond certificate indicates that the stated coupon rate for this bond is 8.9% and that the coupon payments are to be made semiannually. Assuming that this bond trades for $4,961 then the YTM for this bond is closest to:

A. 12.7%

B. 9.1%

C. 7.3%

D 10.9%

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