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Use the information for the question(s) below. The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in 20

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Use the information for the question(s) below. The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in 20 years. The bond certificate indicates that the stated coupon rate for this bond is 8% and that the coupon payments are to be made semiannually. Assuming that this bond trades for $1,112, then the YTM for this bond is closest to: None of the other answers are correct. 3.48% 6.95% 3.75% 7.49%

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