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The Sisyphean Company has a bond outstanding with a face value of $5,000 that reaches maturity in 10 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 10 years. The bond certificate indicates that the stated coupon rate for this bond is 8.4% and that the coupon payments are to be made semiannually. Assuming that this bond trades for $4,787, then the YTM for this bond is closest to: O A. 7.2% OB. 10.9% O C. 12.7% OD. 9.1%
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