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The Sisyphean Company has a bond outstanding with a face value of $5000 that reaches maturity in 10 years. The bond certificate indicates that the
The Sisyphean Company has a bond outstanding with a face value of $5000 that reaches maturity in 10 years. The bond certificate indicates that the stated coupon rate for this bond is 9.7% and the coupon payments are to be made semiannually. Assuming that this bond trades for $5152, then the YTM is closest to?
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