Sheridan, Inc., has bonds outstanding that will mature in eight years. The bonds have a face value of $$1,000.$ These bonds pay interest

semiannually and have a coupon rate of $4\mathrm{.}6$ percent. If the bonds are currently selling at $$883\mathrm{.}92,$ what is the yield to maturity that an

investor who buys them today can expect to earn? $($Round answer to $3$ decimal place, e$.$g$.5\mathrm{.}275\%.)$

Yield to maturity

$\%$

What is the effective annual yield? $($Round answer to $3$ decimal places, e$.$g$.5\mathrm{.}275\%.)$

Effective annual yield