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As a bond analyst at Yealed Financial, you have been told that Mozart Inc. has 9 percent coupon bonds on the market with 20 years

As a bond analyst at Yealed Financial, you have been told that Mozart Inc. has 9 percent coupon bonds on the market with 20 years to maturity. The bonds make semiannual payments and currently sell for 107.3 percent of par.

a.

Compute the current yield on the bonds for Mozart Inc.? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

b. What is the YTM on these bonds? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
c. What is the effective annual yield on these bonds? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

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