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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
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 11.8%, then the price that this bond trades for will be closest to: O A. $3,236 O B. $5,664 OC. $4,855 O D. $4,045
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