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The Sisyphean Company has a bond outstanding with a face value of $ 5 comma 000 that reaches maturity in 8 years. The bond certificate indicates that the stated coupon rate for this bond is 8.6​% and that
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The Sisyphean Company has a bond outstanding with a face value of $ 5 comma 000 that reaches maturity in 8 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 11.9​%, then the price that this bond trades for will be closest​ to:______

User Matthijs Mennens
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The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in 5 years. The bond certificate indicates that the started coupon rate for this bond is 8% and that the coupon payments are to be made semiannuall then it would be 75% I think :)
User Weky
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