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Workman Software has 12.0 percent coupon bonds on the market with 18 years to maturity. The bonds make semiannual payments and currently sell for 106.5

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Workman Software has 12.0 percent coupon bonds on the market with 18 years to maturity. The bonds make semiannual payments and currently sell for 106.5 percent of par. a. What is the current yield on the bands? 2:55:36 O 0.21% 12.33% 11.83% O 11.27% b. The YTM? O 5.57% O 12.50% 11.15% 11.33% c. The effective annuotylela? O 0.11% 12.03% 11.12 11.46%

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