Question: can i get some help please for an answer! The Sisyphean Company has a bond outstanding with a face value of $5,000 that reaches maturity
The Sisyphean Company has a bond outstanding with a face value of $5,000 that reaches maturity in 9 years. The bond certificate indicates that the stated coupon rate for this bond is 8.1% and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Sisyphean bond is 10.4%, then the price that this bend trades for will be closest to: A. 56,074 B. $3,471 c. 54,338 D. 55,206
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