What is the current yield on the bonds the effective annual, Financial Management

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What is the current yield on the bonds the effective annual

One More Time Software has 9.4 percent coupon bonds on the market with 8 years to maturity. The bonds make semiannual payments and currently sell for 107.4 percent of par.

Required:

(a) What is the current yield on the bonds?

(b) The YTM?

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Financial Management: What is the current yield on the bonds the effective annual

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Financial Management: What is the current yield on the bonds the effective annual

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