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Workman Software has 9.4 percent coupon bonds on the market with 16 years to maturity. The bonds make semiannual payments and currently sell for 86.1

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Workman Software has 9.4 percent coupon bonds on the market with 16 years to maturity. The bonds make semiannual payments and currently sell for 86.1 percent of par. a. What is the current yield on the bonds? O 11.46% O 10.92% O 11.96% O 0.21% b. The YTM? 9.90% O 11.48% O 11.30% O 5.65% c. The effective annual yield? O 11.27% 11.62% O 0.11% O 12.20%

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