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The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in nine years. The bond certificate indicates that the
The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in nine years. The bond certificate indicates that the stated coupon rate for this bond is 8.1% and that the coupon payments are to be made semiannually. Assuming that this bond trades for $1,125, then the YTM for this bond is closest to: A. 5% B. 7,52% C. 8.77% D. 6.27%
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