What is effective annual yield-current yield on bonds

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Reference no: EM131984258

PK Software has 9.2 percent coupon bonds on the market with 23 years to maturity. The bonds make semiannual payments and currently sell for 112.25 percent of par. What is the current yield on PK's bonds? (Do not round intermediate calculations and 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 and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Yield to maturity % What is the effective annual yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Effective annual yield %

Reference no: EM131984258

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