Business, 21.04.2020 15:52 nikki4367

The Sisyphean Company has a bond outstanding with a face value of $ 5 comma 000 that reaches maturity in 8 years. The bond certificate indicates that the stated coupon rate for this bond is 9% and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Sisyphean bond is 10.6%, 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 that reaches maturit...