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Lifehouse software has 10 percent coupon bonds on the

Question: Lifehouse Software has 10 percent coupon bonds on the market with 7 years to maturity. The bonds make semiannual payments and currently sell for 104 percent of par. What is the current yield on Lifehouse's bonds?

- The YTM?

- The effective annual yield?

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Finance Basics: Lifehouse software has 10 percent coupon bonds on the

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Finance Basics: Lifehouse software has 10 percent coupon bonds on the

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