Use the Information for the Question(s)below

question 57

Multiple Choice

Use the information for the question(s) below.
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 that this bond trades for $903,then the YTM for this bond is closest to:

• A)8.0%.
• B)6.8%.
• C)9.9%.
• D)9.2%.

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Noise

Unwanted sound or disruption that interferes with the communication process, making it difficult for messages to be sent and received accurately.

Failure

Failure is the state or condition of not meeting a desirable or intended objective, often seen as an opportunity for learning and growth.

Sender

The individual or entity that originates and sends a message or information to a receiver during communication.

Source

The origin or point of initiation, often used in referencing the beginning of information, materials, or influences.