Business, 07.03.2020 05:08 mia7955

Bourdon Software has 11.8 percent coupon bonds on the market with 15 years to maturity. The bonds make semiannual payments and currently sell for 108.7 percent of par. What is the current yield on the bonds?What is the YTM?What is the effective annual yield? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)

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Bourdon Software has 11.8 percent coupon bonds on the market with 15 years to maturity. The bonds ma...

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