Question: Problem 7-19 (similar to) E Question Help (Expected rate of return and current yield) Time Wamer has bonds that are selling for $663. The coupon

Problem 7-19 (similar to) E Question Help (Expected rate of return and current yield) Time Wamer has bonds that are selling for $663. The coupon interest rate on the bonds is 11.15 percent and they mature in 23 years. What is the yield to maturity on the bonds? What is the current yield? a. The yield to maturity on the bond is %. (Round to two decimal places.)

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