Question: Workman Software has 74 percent coupon bonds on the market with 9 years to maturity. The bonds make semiannual payments and currently sell for 78.6

Workman Software has 74 percent coupon bonds on the market with 9 years to maturity. The bonds make semiannual payments and currently sell for 78.6 percent of par. a. What is the current yield on the bonds? O 0.19% O 9.89% O 10.39% 9.41% b. The YTM? 5,629 11.42% 11.24% 790% c. The effective annual yield? 11.21% 11.56% 0.096 12 1396 Chamberlain Co. wants to issue new 20-year bonds for some much-needed expansion projects. The company currently has 80 percent coupon bonds on the market that sell for $799.61, make semiannual payments, and mature in 20 years. What coupon rate should the company set on its new bonds if it wants them to sell at par? Assume a par value of $1,000
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