Question: 1 7 - Sunland , Inc., has four - year bonds outstanding that pay a coupon rate of 7 . 4 0 percent and make
Sunland Inc., has fouryear bonds outstanding that pay a coupon
rate ofpercent and make coupon payments
semiannually. If these bonds are currently selling at $What is the yield to maturity that an investor can expect to
earn on these bonds?Round answer to decimal
place, eg
What is the effective annual yield?Round answer
to decimal place, eg
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