Question: please write in text not in handwriting since its hard to read from a paper pic and i need an explanation for the problem thank

please write in text not in handwriting since its hard to read from a paper pic and i need an explanation for the problem thank you

  1. Intuit Software has 8% coupon bonds on the market with 22 years to maturity. The bonds make semiannual payments and currently sell for 97. What is the current yield? The YTM? The effective annual yield?

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