The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in 8 years. The bond certificate indicates that the stated coupon rate for this bond is 9.7% and that...

The Sisyphean Company has a bond outstanding with a face value of

$1,000

that reaches maturity in

years. The bond certificate indicates that the stated coupon rate for this bond is

9.7%

and that the coupon payments are to be made semiannually.

Assuming that this bond trades for

$1,010,

then the YTM for this bond is closest to:

11.4%

7.6%

13.3%

9.5%

Jun 08, 2022

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