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Use the information for the question(s) below. The Sisyphean Company has a bond outstanding with a face value of $1000 that roaches maturity in 15

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Use the information for the question(s) below. The Sisyphean Company has a bond outstanding with a face value of $1000 that roaches maturity in 15 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 $1.035.44. then the YTM for the bond is equal to ______

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