What is the effective annual yield-current yield on the bond

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Martin Software has 8.2 percent coupon bonds on the market with 21 years to maturity. The bonds make semiannual payments and currently sell for 106.9 percent of par.

What is the current yield on the bonds? (Round your answer to 2 decimal places. (e.g., 32.16))

Current yield %

What is the YTM? (Round your answer to 2 decimal places. (e.g., 32.16))

YTM %

What is the effective annual yield? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Effective annual yield %

Reference no: EM13939592

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