The Sisyphean Company has a bond outstanding with a face value of

$5,000

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 the appropriate YTM on the Sisyphean bond is

7.7%,

then the price that this bond trades for will be closest to:

A.

$6,231

B.

$4,154

C.

$7,269

D. $5,192