Question: Oak Bay Software has 1 0 . 4 % coupon bonds on the market with 1 8 years to maturity. The bonds make semiannual payments

Oak Bay Software has 10.4% coupon bonds on the market with 18 years to maturity. The bonds make semiannual payments and currently sell for 108.0% of par.
What is the YTM? round to 2 decimals
What is the effective annual yield? round to 2 decimals

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