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Martin Software has 10.0 percent coupon bonds on the market with 19 years to maturity. The bonds make semiannual payments and currently sell for 107.8
Martin Software has 10.0 percent coupon bonds on the market with 19 years to maturity. The bonds make semiannual payments and currently sell for 107.8 percent of par. |
What is the current yield on the bonds? (Round your answer to 2 decimal places. (e.g., 32.16)) SHOW WORK |
Current yield | % |
What is the YTM? (Round your answer to 2 decimal places. (e.g., 32.16)) SHOW WORK |
YTM | % |
What is the effective annual yield? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) SHOW WORK |
Effective annual yield | % |
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