Question: Oak Bay Software has 1 0 . 2 % coupon bonds on the market with 1 8 years to maturity. The bonds make semiannual payments
Oak Bay Software has coupon bonds on the market with years to maturity. The bonds make semiannual payments and currently sell for of par.
What is the YTMDo not round intermediate calculations. Round the final answer to decimal places.
YTM
What is the effective annual yield? Do not round intermediate calculations. Round the final answer to decimal places.
Effective annual yield
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