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Business, 08.02.2021 23:10 joshuabm42407

The Sisyphean Company has a bond outstanding with a face value of $1000 that reaches maturity in 15 years. The bond certificate indicates that the stated coupon rate for this bond is 8% and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Sisyphean bond is 8.8%, then at what price should this bond trade for

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The Sisyphean Company has a bond outstanding with a face value of $1000 that reaches maturity in 15...
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