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The Sisyphean Company has a bond outstanding with a face value of $5,000 that reaches maturity in 15 years. The bond cer
Posted: Sun Jul 03, 2022 12:54 pm
by answerhappygod
- The Sisyphean Company Has A Bond Outstanding With A Face Value Of 5 000 That Reaches Maturity In 15 Years The Bond Cer 1 (33.33 KiB) Viewed 15 times
The Sisyphean
Company has a bond outstanding with a face value of $5,000 that reaches maturity in 15 years. The bond certificate indicates that the stated coupon rate for this bond is 8.6% and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Sisyphean bond is 7.7%, then this bond will trade at O A. par. OB. a discount. O C. a premium. OD. none of the above C