Hacker software has 78 percent coupon bonds on the market


Hacker Software has 7.8 percent coupon bonds on the market with 15 years to maturity. The bonds make semiannual payments and currently sell for 76.151 percent of par.

A) What is the current yield on the bonds?
B) Calculate the YTM.
C) Calculate the effective annual yield.

 

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Finance Basics: Hacker software has 78 percent coupon bonds on the market
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