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The Sisyphean Company has a bond outstanding with a face value of $5,000 that reaches maturity in 10 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 10 years. The bond certificate indicates that the stated coupon rate for this bond is 8.2% and that the coupon payments are to be made semiannually.

Assuming that this bond trades for $4,461, then the YTM for this bond is closest to:

a. 13.9%

b. 11.9%

c. 7.9%

d. 9.9%

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