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(Solved): The Sisyphean Company has a bond outstanding with a face value of $1000 and maturity in 15 years. ...



The Sisyphean Company has a bond outstanding with a face value of​ $1000 and maturity in 15 years. The bond certificate indicates that the stated coupon rate for this bond is 6​% and that the coupon payments are to be made semiannually. The yield to matury is ​8%. How much will each semiannual coupon payment​ be? Question content area bottom

Part 1 The semiannual coupon payment is ​$    enter your response here ​(round to the



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Coupon rate is 6% which is 6%/100 = 0.06 in decimal

Find, semiannual rate as follows:
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