Question: My first answer is correct, but the second part to this question is not correct. Please help me get the correct answer. Your answer is
My first answer is correct, but the second part to this question is not correct. Please help me get the correct answer.
Your answer is partially correct. Ivanhoe, Inc., has four-year bonds outstanding that pay a coupon rate of 8.00 percent and make coupon payments semiannually. If these bonds are currently selling at $913.89. What is the yield to maturity that an investor can expect to earn on these bonds? (Round answer to 1 decimal place, e.g. 15.2%.) Yield to maturity 10.7 % What is the effective annual yield? (Round answer to 1 decimal place, e.g. 15.2%.) Effective annual yield 8.2 %
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