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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 7.5%,then this bond will trade at:
Dividends
Profits of a corporation that are distributed in the form of cash payments to stockholders.
Purchasing
The buying of all the materials needed by the organization; also called procurement.
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