What is the current yield on the bonds

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Reference no: EM132036520

One More Time Software has 9.4 percent coupon bonds on the market with 8 years to maturity. The bonds make semiannual payments and currently sell for 107.4 percent of par.

Required:

(a) What is the current yield on the bonds?

(b) The YTM?

(c) The effective annual yield?

Reference no: EM132036520

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