Question: 36 Bourdon Software has 8.2 percent coupon bonds on the market with 21 years to maturity. The bonds make semiannual payments and currently sell for

 36 Bourdon Software has 8.2 percent coupon bonds on the market

36 Bourdon Software has 8.2 percent coupon bonds on the market with 21 years to maturity. The bonds make semiannual payments and currently sell for 106.9 percent of par. What is the current yield on the bonds? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Current yield What is the YTM? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) YTM What is the effective annual yield? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Effective annual yield

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