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(Expected rate of rotum and current yeld) Time Warner has bonds that ane yilting for 51,179 . The coupon inferest rate on the bonds is

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(Expected rate of rotum and current yeld) Time Warner has bonds that ane yilting for 51,179 . The coupon inferest rate on the bonds is 11.95 percent and they mature in 28 yoars What is the yinld to maturity on the bonds? What is the current yield? a. The yield to maturity on the bond is of. (Round to two decimal placos.) b. The current yied ia 5. (Round to two decinal places)

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