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Business, 16.03.2020 23:30 Ladyt916

The Sisyphean Company has a bond outstanding with a face value of $ 1 comma 000 that reaches maturity in 10 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 the appropriate YTM on the Sisyphean bond is 7.2%, then the price that this bond trades for will be closest to:

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The Sisyphean Company has a bond outstanding with a face value of $ 1 comma 000 that reaches maturit...
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