One More Time Software has 11.6 percent coupon bonds on the market with 17 years to maturity. The bonds make semiannual payments and currently sell for 113.6 percent of par.

Required:

(a)	What is the current yield on the bonds?
	(Click to select)0.11%11.22%0.20%10.21%10.72%

(b)	The YTM?
	(Click to select)9.93%10.11%9.80%12.10%4.96%

(c)	The effective annual yield?
	(Click to select)0.10%10.18%9.67%10.69%9.90%