Blossom, Inc., has four$-$year bonds outstanding that pay a coupon rate of $8\mathrm{.}0$ percent and make coupon payments semiannually. If these bonds are currently selling at $$910\mathrm{.}89.$ What is the yield to maturity that an investor can expect to earn on these bonds? Assume face value is $$1,000.($Round answer to $1$ decimal place, e$.$g$.15\mathrm{.}2\%.)$

Yield to maturity enter the yield to maturity in percentages rounded to $1$ decimal place

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What is the effective annual yield? $($Round answer to $1$ decimal place, e$.$g$.15\mathrm{.}2\%.)$

Effective annual yield enter the effective annual yield in percentages rounded to $1$ decimal place

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Answer rating: 100% (QA)

To calculate the yield to maturity and effective annual yield on the Blossom Inc bonds described we ... View the full answer