Question
Workman Software has 11.6 percent coupon bonds on the market with 10 years to maturity. The bonds make semiannual payments and currently sell for 99.8
| Workman Software has 11.6 percent coupon bonds on the market with 10 years to maturity. The bonds make semiannual payments and currently sell for 99.8 percent of par. |
| a. | What is the current yield on the bonds? |
| multiple choice 1 11.62% 12.20% 0.22% 12.70% |
| b. | The YTM? |
| multiple choice 2 11.81% 5.81% 11.63% 12.10% |
| c. | The effective annual yield? |
| multiple choice 3 11.97% 11.60% 0.12% 12.57% |
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee
1st Edition
1607962233, 978-1607962236
