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One More Time Software has 10.4 percent coupon bonds on the market with 18 years to maturity. The bonds make semiannual payments and currently sell

One More Time Software has 10.4 percent coupon bonds on the market with 18 years to maturity. The bonds make semiannual payments and currently sell for 113.7 percent of par.

Required:
(a) What is the current yield on the bonds?
(select correct answer) 0.10% 0.19% 9.60% 9.15% 10.10%
(b) The YTM?
select correct answer) 9.04% 4.43% 10.90% 8.73% 8.86%
(c) The effective annual yield?
(select correct answer) 9.51% 0.09% 9.06% 8.60% 8.83%

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