Gabriele Enterprise has 11.8 percent coupon bonds on the market with 15 years to maturity and face value of $1,000. The bonds make semiannual payments and currently sell for $1,087 a. What is the current yield on the bonds? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the YTM? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c What is the effective annual yield or effective annual return (EAR)? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) Current yield YTM Effective annual yield % % b. C. %