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Williams Software has 1 1 . 2 percent coupon bonds on the market with 2 0 years to maturity. The bonds make semiannual payments and

Williams Software has 11.2 percent coupon bonds on the market with 20 years to maturity. The bonds make semiannual payments and
currently sell for 108.4 percent of par.
a. What is the current yield on the bonds?
b. What is the YTM of the bonds?
c. What is the effective annual yield?
Note: For all requirements, do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal
places, e.g.,32.16.
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