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Sheridan, Inc, has four-year bonds outstanding that pay a coupon rate of 7.6 percent and make coupon payments semiannually. If these bonds are currently selling

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Sheridan, Inc, has four-year bonds outstanding that pay a coupon rate of 7.6 percent and make coupon payments semiannually. If these bonds are currently selling at \$919.35. What is the yield to maturity that an investor can expect to earn on these bonds? Assume face value is $1,000. (Round answer to 1 decimal place, eg. 15.2\%.) Yield to maturity 56 What is the effective annual yield? (Round answer to 1 decimal place, es. 15.2\%.) Effective annual yield

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