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The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in 15 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 15 years. The bond certificate indicates that the stated coupon rate for this bond is 9.5% and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Sisyphean bond is 7.6%, then the price that this bond trades for will be closest to: O A. $1,636 OB. $935 O C. $1,168 OD. $1,402
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