Hacker software has 62 percent coupon bonds on the market


Hacker Software has 6.2 percent coupon bonds on the market with 9 years to maturity. The bonds make semi-annual payments and currently sell for 105 percent of par. What is the current yield on the bonds? Calculate the YTM. Calculate the effective annual yield.

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Finance Basics: Hacker software has 62 percent coupon bonds on the market
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