Question: # 1 8 . Bond Yields: PK . Software has 7 . 5 % coupon bonds on the market with 2 2 years to maturity.

#18. Bond Yields:
PK. Software has 7.5% coupon bonds on the market with 22 years to maturity. The bonds make semiannual payments and currently sell for 106% of par
What is the current yield on PKs bonds??
The YTM?
The effective annual yield?

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