Assuming the appropriate ytm on the sisyphean bond is 102, Financial Management

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Assuming the appropriate ytm on the sisyphean bond is 102

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: Assuming the appropriate ytm on the sisyphean bond is 102

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Financial Management: Assuming the appropriate ytm on the sisyphean bond is 102

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