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What is the current yield on the bonds

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Reference no: EM132474073

Workman Software has 6.4 percent coupon bonds on the market with 18 years to maturity. The bonds make semiannual payments and currently sell for 94.31 percent of par.

a. What is the current yield on the bonds?

b. What is the YTM?

c. What is the effective annual yield?

Reference no: EM132474073

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