What is the current yield on the bonds and the ytm

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Problem 1: 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 its $1,000 par value. What is the current yield on the bonds? The YTM? The effective annual yield?

Reference no: EM132806950

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