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Cullumber Corp. has five-year semi-annual bonds outstanding that pay a coupon rate of 8.4 percent, these bonds are priced at $1,065.16. (Round answers to 2

Cullumber Corp. has five-year semi-annual bonds outstanding that pay a coupon rate of 8.4 percent, these bonds are priced at $1,065.16. (Round answers to 2 decimal places, e.g. 15.25%.)

What is the yield to maturity on these bonds?

Yield to maturity %

Assume semiannual coupon payments.

What is the effective annual yield?

Effective annual yield%

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