Question: Please show work. Use the information for the question ( s ) below. The Sisyphean Company has a bond outstanding with a face value of

Please show work. Use the information for the question(s) below.
The Sisyphean Company has a bond outstanding with a face value of $1000 that reaches maturity in 15 years. The bond certficate indicates that the stated coupon rate for this bond is 8% and that the coupon
payments are to be made semiannually.
Assuming the appropriate YTM on the Sisyphean bond is 9%, then this bond will trade at
A. par.
B. a discount.
C. a premium.
D. None of the above
Please show work. Use the information for the question(s) below. The

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