Bond Assignment | Professional Writing
May 21st, 2020
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 9.1% and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Sisyphean bond is 7.6%, then the price that this bond trades for will be closest to:
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Bond Assignment | Professional Writing
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a.6532
b.7621
c.5443
d.4355
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