The Sisyphean Company has a bond outstanding with a face

Last updated: 7/18/2023

The Sisyphean Company has a bond outstanding with a face value of 1 000 that reaches maturity in five years The bond certificate indicates that the stated coupon rate for this bond is 8 1 and that the coupon payments are to be made semiannually Assuming that this bond trades for 960 then what is the YTM for this bond is closest to 9 6 10 72 8 85 9 11