Question: ambika... DUser Login Reading List Saved Help Save & Exit Submit Problem 7-19 Bond Yields (LO2) Oak Bay Software has 9.7% coupon bonds on the

 ambika... DUser Login Reading List Saved Help Save & Exit Submit

ambika... DUser Login Reading List Saved Help Save & Exit Submit Problem 7-19 Bond Yields (LO2) Oak Bay Software has 9.7% coupon bonds on the market with 18 years to maturity. The bonds make semiannual payments and currently sell for 107.3% of par. What is the YTM? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) YTM 7% What is the effective annual yield? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Effective annual yield %

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