View Policies

Current Attempt in Progress

Oriole, Inc., has four$-$year bonds outstanding that pay a coupon rate of $8\mathrm{.}0$ percent and make coupon payments semiannually. If these

bonds are currently selling at $$916\mathrm{.}92.$ What is the yield to maturity that an investor can expect to earn on these bonds? Assume face

value is $$1,000.($Round answer to $1$ decimal place, e$.$g$.15\mathrm{.}2\%.)$

Yield to maturity

What is the effective annual yield? $($Round answer to $1$ decimal place, e$.$g$.15\mathrm{.}2\%.)$

Effective annual yield