Business, 21.04.2020 22:07 Zagorodniypolina5

The Sisyphean Company has a bond outstanding with a face value of $ 5 comma 000 $5,000 that reaches maturity in 5 5 years. The bond certificate indicates that the stated coupon rate for this bond is 9.1 9.1% and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Sisyphean bond is 8 8%, 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 $ 5 comma 000 $5,000 that reaches...

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