You bought a $2\mathrm{.}4\%$ compounded semiannually coupon, $$8,000$ face value corporate bond for $$6,700$ when it had nineteen years remaining until maturity. What is your nominal and effective yields to maturity on the bond?

Multiple Choice

$3\mathrm{.}62\%$ Effective

$3\mathrm{.}59\%$ compounded semiannually

$3\mathrm{.}59\%$ Effective

$3\mathrm{.}62\%$ compounded semiannually

$7\mathrm{.}24\%$ Effective

$7\mathrm{.}18\%$ compounded semiannually