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The Sisyphean Company has a bond outstanding with a face value of $ 1 , 0 0 0 that reaches maturity in 8 years. The
The Sisyphean Company has a bond outstanding with a face value of $ that reaches maturity in years. The bond certificate indicates that the stated coupon rate for this bond is and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Sisyphean bond is then this bond will trade at
none of those choices
a premium
par
a discount
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