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Bonino Software has 10.4 percent coupon bonds on the market with 16 years to maturity. The bonds make semiannual payments a currently sell for 108

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Bonino Software has 10.4 percent coupon bonds on the market with 16 years to maturity. The bonds make semiannual payments a currently sell for 108 percent of par. What is the current yield on the bonds? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Current yield % What is the YTM of the bonds? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) YTM 9.42% What is the effective annual yield? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Effective annual yield Treasury bills are currently paying 6 percent and the inflation rate is 3.3 percent. What is the approximate real rate of interest? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Approximate real rate D9% What is the exact real rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Exact real rate % Suppose the real rate is 4 percent and the inflation rate is 5.6 percent. What rate would you expect to see on a Treasury bill? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e... 32.16.) Treasury bill rate %

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