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The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in 5 years. The bond certificate indicates that the

The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in 5 years. The bond certificate indicates that the stated coupon rate for this bond is 8.1% and that the coupon payments are to be made semiannually.Assuming that this bond trades for $942, then the YTM for this bond is closest to:

A.

13.4%

B.

9.6%

C.

11.5%

D.

7.7%

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