Question: Please answer the entire question! ASAP Please. Thanks Workman Software has 7.2 percent coupon bonds on the market with 17 years to maturity. The bonds
Please answer the entire question! ASAP Please. Thanks
Workman Software has 7.2 percent coupon bonds on the market with 17 years to maturity. The bonds make semiannual payments and currently sell for 66.0 percent of par. a. What is the current yield on the bonds? 0.21% 10.91% 11.95% 11.45% b. The YTM? 5.95% 7.70% 12.08% 11.90% c. The effective annual yield? 12.87% 0.11% 11.87% 12.25%
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