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Workman Software has 7.6 percent coupon bonds on the market with 6 years to maturity. The bonds make semiannual payments and currently sell for 94.1
Workman Software has 7.6 percent coupon bonds on the market with 6 years to maturity. The bonds make semiannual payments and currently sell for 94.1 percent of par. a. What is the current yield on the bonds? 8.98% O 8.08% O 0.18% O 8.48% b. The YTM? O 4.44% O 8.88% O 8.10% O 9.06%
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