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Workman Software has 11.2 percent coupon bonds on the market with 6 years to maturity. The bonds make semiannual payments and currently sell for 102.4
Workman Software has 11.2 percent coupon bonds on the market with 6 years to maturity. The bonds make semiannual payments and currently sell for 102.4 percent of par a. What is the current yield on the bonds? 10.94% 11.48% 0.21% 11.98% b. The YTM? 10.82% 5.32% 10.64% 11.70% c. The effective annual yield? 10.92% 10.61%
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