What is the current yield on the bonds

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Question - Workman Software has 11.6 percent coupon bonds on the market with 9 years to maturity. The bonds make semiannual payments and currently sell for 133.4 percent of par.

1. What is the current yield on the bonds?

9.13%

8.70%

9.63%

0.19%

2. The YTM?

12.10%

3.31%

6.62%

6.80%

3. The effective annual yield?

6.59%

7.07%

0.09%

6.73%

Reference no: EM133009195

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