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Workman Software has 10.6 percent coupon bonds on the market with 14 years to maturity. The bonds make semiannual payments and currently sell for 139.8

image text in transcribed Workman Software has 10.6 percent coupon bonds on the market with 14 years to maturity. The bonds make semiannual payments and currently sell for 139.8 percent of par. a. What is the current yield on the bonds? 0.18%8.46%7.58%7.96% b. The YTM? 11.10%3.14%6.46%6.28% c. The effective annual yield? 0.08%6.70%6.38%6.25% Workman Software has 10.6 percent coupon bonds on the market with 14 years to maturity. The bonds make semiannual payments and currently sell for 139.8 percent of par. a. What is the current yield on the bonds? 0.18%8.46%7.58%7.96% b. The YTM? 11.10%3.14%6.46%6.28% c. The effective annual yield? 0.08%6.70%6.38%6.25%

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