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Question 56

Multiple Choice

Use the information for the question(s) below. Use the information for the question(s) below. -The Sisyphean Company has a bond outstanding with a face value of $5000 that reaches maturity in 8 years. The bond certificate indicates that the stated coupon rate for this bond is 8.2% and that the coupon payments are to be made semiannually. Assuming that this bond trades for $4541.53, then the YTM for this bond is closest to ________. A) 7.9% B) 11.9% C) 13.8% D) 9.9%
-The Sisyphean Company has a bond outstanding with a face value of $5000 that reaches maturity in 8 years. The bond certificate indicates that the stated coupon rate for this bond is 8.2% and that the coupon payments are to be made semiannually. Assuming that this bond trades for $4541.53, then the YTM for this bond is closest to ________.


A) 7.9%
B) 11.9%
C) 13.8%
D) 9.9%

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