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The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in 9 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 9 years. The bond certificate indicates that the stated coupon rate for this bond is 8.3% and that the coupon payments are to be made semiannually. Assuming that this bond trades for $940, then the YTM for this bond is closest to: O A. 13% B. 11.2% C. 7.4% OD. 9.3%
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