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(Expected rate of relum and current yield) Time Warnes has bonds that are selling for 3686 . The coupon interest rate on the bonds is

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(Expected rate of relum and current yield) Time Warnes has bonds that are selling for 3686 . The coupon interest rate on the bonds is 11.85 percent and they mature in 17 years. What is the yield to maturity on the bonds? What is the current ylaid? a. The yield to maturity on the bond is K. (Round to Feo decimal places.) b. The current yield is %. (Round to two decmal places.)

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