Workman Software has $11\mathrm{.}0$ percent coupon bonds on the market with $19$ years to maturity. The bonds make semiannual payments and currently sell for $106\mathrm{.}7$ percent of par.

a$.$ What is the current yield on the bonds?

multiple choice $1$

$10\mathrm{.}82\%$

$0\mathrm{.}20\%$

$10\mathrm{.}31\%$

$11\mathrm{.}32\%$

b$.$ The YTM$?$

multiple choice $2$

$11\mathrm{.}50\%$

$10\mathrm{.}20\%$

$10\mathrm{.}38\%$

$5\mathrm{.}10\%$

c$.$ The effective annual yield?

multiple choice $3$

$10\mathrm{.}17\%$

$10\mathrm{.}98\%$

$10\mathrm{.}46\%$

$0\mathrm{.}10\%$