What is the effective current yield and annual yield

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Reference no: EM131354071

PK Software has 9.1 percent coupon bonds on the market with 22 years to maturity. The bonds make semiannual payments and currently sell for 112 percent of par.

What is the current yield on PK's bonds?

What is the YTM?

What is the effective annual yield?

Reference no: EM131354071

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