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18. Bond Yields [LO2] One More Time Software has 9.2 percent coupon bonds on the market with nine years to maturity. The bonds make

18. Bond Yields [LO2] One More Time Software has 9.2 percent coupon bonds on the market with nine years to maturity. The bonds make semiannual payments and currently sell for 106.8 percent of par. What is the current yield on the bonds? The YTM? The effective annual yield?

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