What is the effective annual yield

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Reference no: EM13879350

Bourdon Software has 11.2 percent coupon bonds on the market with 20 years to maturity. The bonds make semiannual payments and currently sell for 108.4 percent of par.

What is the current yield on the bonds?

What is the YTM?

What is the effective annual yield?

Reference no: EM13879350

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