Bond yields pk software has 63 percent coupon bonds on the


Question: Bond Yields. PK Software has 6.3 percent coupon bonds on the market with 22 years to maturity. The bonds make semiannual payments and currently sell for 97 percent of par. What is the current yield on PK's bonds? The YTM? The effective annual yield?

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Finance Basics: Bond yields pk software has 63 percent coupon bonds on the
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