Question: Question 8 (of 10) 8. value 100 points Problem 8-20 Bond Yields Hacker Software has 10.6 percent coupon bonds on the market with 17 years

 Question 8 (of 10) 8. value 100 points Problem 8-20 Bond

Question 8 (of 10) 8. value 100 points Problem 8-20 Bond Yields Hacker Software has 10.6 percent coupon bonds on the market with 17 years to maturity. The bonds make semiannual payments and currently sell for 108.1 percent of par. What is the current yield on the bonds ? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Current yield % What is the YTM? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g-, 32.16.) YTM 96 What is the effective annual yield? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Effective annual yield References eBook & Resources Worksheet Difficulty: 2 Intermediate Problem 8-20 Bond Yields Section 8.1 Bonds and Bond Valuation

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