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The bond certificate indicates that the stated coupon rate

The Sisyphean Company has a bond outstanding with a face value of $5,000 that reaches maturity in 8 years.

The bond certificate indicates that the stated coupon rate for this bond is 8.7?% and that the coupon payments are to be made semiannually.

Assuming the appropriate YTM on the Sisyphean bond is 10.2%, then the price that this bond trades for will be closest to?

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Financial Management: The bond certificate indicates that the stated coupon rate

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Financial Management: The bond certificate indicates that the stated coupon rate

Reference No:- TGS02779854

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