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The Sisyphean Company has a bond outstanding with a face value of $5,000 that reaches maturity in 5 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 5 years. The bond certificate indicates that the stated coupon rate for this bond is 9.2%

and that the coupon payments are to be made semiannually.

Assuming that this bond trades for $4,981, then the YTM for this bond is closest to:

A. 7.4%

B. 11.2%

C. 9.3%

D.13%

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