Swifty Limited has bonds outstanding that will mature in $8$ years. The bonds have a face value of $$1,000.$ The bonds pay interest semi$-$

annually and have a coupon rate of $5\mathrm{.}4$ percent. If the bonds are currently selling at $$898\mathrm{.}23,$ what is the yield to maturity that an

investor who buys them today can expect to earn? $($Round answer to $1$ decimal place, e$.$g$.5\mathrm{.}2\%.)$

Yield to maturity

$\%$

What is the effective annual yield? $($Round answer to $2$ decimal places, e$.$g$.5\mathrm{.}27\%.)$

Effective annual yield

$\%$

$**$please use a formula rather than excel$**$