Business
Business, 16.11.2019 02:31, laurenppylant

The sisyphean company has a bond outstanding with a face value of $ 1 comma 000 that reaches maturity in 9 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 the appropriate ytm on the sisyphean bond is 9.7%, then this bond will trade at

a. a discount.
b. a premium.
c. par.
d. none of the above

answer
Answers: 2

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The sisyphean company has a bond outstanding with a face value of $ 1 comma 000 that reaches maturit...

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