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The Sisyphean Compary has a bond oulstanding with a toce value of 51,000 that feaches matunty in 8 yeart. The bond cerificate indicates that the

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The Sisyphean Compary has a bond oulstanding with a toce value of 51,000 that feaches matunty in 8 yeart. The bond cerificate indicates that the stated coupon tate for this bond is b. 6\% and that the coupon paytrents are to be made semiannisly Assuming that this bond trades for 5951 , then the VTM for this bond is dosest to A. 0.5% B. 7.6% c. 11,4% o. 133%

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