Burns Software has 6.5 percent coupon bonds on the market with 25 years to maturity. The bonds make semiannual payments and currently sell for $1,192. a. What is the current yield on Burns' bonds? (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? (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? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. % b. Current yield Yield to maturity Effective annual yield C. %