Bond outstanding with face value

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Reference no: EM131527333

The Sisyphean Company has a bond outstanding with a face value of $5,000 that reaches maturity in tenten years. The bond certificate indicates that the stated coupon rate for this bond is 8.48.4 % and that the coupon payments are to be made semiannually. Assuming that this bond trades for $5,868 , then the YTM for this bond is closest to:

Reference no: EM131527333

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