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Workman Software has 10.0 percent coupon bonds on the market with 5 years to maturity. The bonds make semiannual payments and currently sell for 111.7

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Workman Software has 10.0 percent coupon bonds on the market with 5 years to maturity. The bonds make semiannual payments and currently sell for 111.7 percent of par. a. What is the current yield on the bonds? 8.95% O 9.90% 0.19% 9.40% b. The YTM? 10.50% O 7.17% 3.58% O 7.35% c. The effective annual yield? O 7.66% O 0.09% 7.30% O 7.14%

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