Question: William software has 8 . 5 % coupon bonds on the market with 2 4 years to maturity the bond to make semi annual payments

William software has 8.5% coupon bonds on the market with 24 years to maturity the bond to make semi annual payments and currently sell for 110.5% of par what is the current yield on the bonds what is the YTM and what is the effect of annual yield

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