The Sisyphean Company has a bond outstanding with a face value of $5,000 that reaches maturity in 10 years. The bond certificate indicates that the stated coupon rate for this bond is 9% and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Sisyphean bond is 9%, then the price that this bond trades for will be closest to: A. $5,000 B. $6,000 C. $4,000 D. $7,000

The Sisyphean Company has a bond outstanding with a face value of $5,000 that reaches maturity in 10 years. The bond certificate indicates that the stated coupon rate for this bond is 9% and that the...

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

$5,000

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 the appropriate YTM on the Sisyphean bond is

9%,

then the price that this bond trades for will be closest to:

$5,000

$6,000

$4,000

$7,000

Jun 08, 2022