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Business, 08.11.2019 19:31 Giabear23

The sisyphean company has a bond outstanding with a face value of $ 1 comma 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 10.5%, then the price that this bond trades for will be closest to:

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