Question 9 4/4 View Policies Show Attempt History Your Answer Correct Answer Your answer is correct. Cullumber, Inc., has four-year bonds outstanding that pay a coupon rate of 6.00 percent and make coupon payments semiannually. If these bonds are currently selling at $915.89. What is the yield to maturity that an investor can expect to earn on these bonds? (Round answer to 1 decimal place, e.g. 15.2%.) Yield to maturity 8.5 % What is the effective annual yield? (Round answer to 1 decimal place, eg. 15.2%.) Effective annual yield 8 .7 %