Question: The Sisyphean Company has a bond outstanding with a face value of $ 1 comma 0 0 0 that reaches maturity in 1 0 years.
The Sisyphean Company has a bond outstanding with a face value of $ comma that reaches maturity in years. The bond certificate indicates that the stated coupon rate for this bond is and that the coupon payments are to be made semiannually.
Assuming that this bond trades for $ then the YTM for this bond is closest to:
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