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Workman Software has 11.8 percent coupon bonds on the market with 13 years to maturity. The bonds make semiannual payments and currently sell for 147.2

Workman Software has 11.8 percent coupon bonds on the market with 13 years to maturity. The bonds make semiannual payments and currently sell for 147.2 percent of par.

a. what is the current yield on bonds?

b. the ytm?

c. the effective annual yield?

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