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Workman Software has 10.4 percent coupon bonds on the market with 19 years to maturity. The bonds make semiannual payments and currently sell for 100.9

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Workman Software has 10.4 percent coupon bonds on the market with 19 years to maturity. The bonds make semiannual payments and currently sell for 100.9 percent of par. a. What is the current yield on the bonds? 10.82% 11.32% 10.31% 0.20% b. The YTM? 10.47% 10.90% 10.29% 5.15% c. The effective annual yield? 11.08% 0.10% 10.26% 10.55%

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