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 stated coupon rate for this bond is 8.7​% and that the coupon payments are to be made semiannually.   Assuming the appropriate YTM on the Sisyphean bond is 7.3​%, then this bond will trade at

Essentials Of Investments
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Chapter1: Investments: Background And Issues
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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 stated coupon rate for this bond is
8.7​%
and that the coupon payments are to be made semiannually.
 
Assuming the appropriate YTM on the Sisyphean bond is
7.3​%,
then this bond will trade at
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