Workman Software has 10.6 percent coupon bonds on the market with 9 years to maturity....

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Finance

Workman Software has 10.6 percent coupon bonds on the market with 9 years to maturity. The bonds make semiannual payments and currently sell for 98.9 percent of par.

a. What is the current yield on the bonds?
multiple choice 1
  • 10.72%

  • 0.21%

  • 11.25%

  • 11.75%

b. The YTM?
multiple choice 2
  • 5.39%

  • 10.97%

  • 10.79%

  • 11.10%

c. The effective annual yield?
multiple choice 3
  • 10.76%

  • 11.08%

  • 11.64%

  • 0.11%

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