Question: Question 8 View Policies Current Attempt in Progress Cullumber, Inc., has four-year bonds outstanding that pay a coupon rate of 7.20 percent and make coupon

Question 8 View Policies Current Attempt in Progress Cullumber, Inc., has four-year bonds outstanding that pay a coupon rate of 7.20 percent and make coupon payments semiannually. If these bonds are currently selling at $911.89. What is the yield to maturity that an investor can expect to earn on these bonds? (Round answer to 1 decimal place, e.g. 15.2%.) Yield to maturity % What is the effective annual yield? (Round answer to 1 decimal place, e.g. 15.2%.) Effective annual yield %

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