martin software has 92 percent coupon bonds on
Martin Software has 9.2 percent coupon bonds on the market with 18 years to maturity. The bonds make semiannual payments and currently sell for 106.8 percent of par. What is the current yield on the bonds? The YTM? The effective annual yield?
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both bond sam and bond dave have 7 percent coupons make semiannual payments and are priced at par value bond sam has 3 years maturity whereas bond
martin software has 92 percent coupon bonds on the market with 18 years to maturity the bonds make semiannual payments and currently sell for 1068
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