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Workman Software has 7.4 percent coupon bonds on the market with 9 years to maturity The bonds make semiannual payments and currently sell for 107.5
Workman Software has 7.4 percent coupon bonds on the market with 9 years to maturity The bonds make semiannual payments and currently sell for 107.5 percent of par. a. What is the current yield on the bonds? 6.88% 7.23% 7.73% 0.17% 0.07% b. The YTM? 6.29% 3.15% 7.90% 6.47% 6.16% c. The effective annual yield? 6.39% 6.71% 6.26% 0.07% 6.07%
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