Question: Calculations i Saved P7-18 Bond Yields (LO2] One More Time Software has 7.2 percent coupon rate (APR) bonds on the market with 8 years to

Calculations i Saved P7-18 Bond Yields (LO2] One More Time Software

Calculations i Saved P7-18 Bond Yields (LO2] One More Time Software has 7.2 percent coupon rate (APR) bonds on the market with 8 years to maturity. The bonds make semiannual payments and currently sell for 80.2 percent of par. Required: (a)What is the current yield on the bonds? 8.98% (b) What is the YTM as an APR? (Click to select) (c) What is the YTM as an effective annual rate (EAR)? Note: use the ICONV to convert an APR into an EAR (Click to select)

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