One more time software has 94 percent coupon bonds on the, Financial Management

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One more time software has 94 percent coupon bonds on the

One More Time Software has 9.4 percent coupon bonds on the market with 19 years to maturity. The bonds make semiannual payments and currently sell for 120.2 percent of par.

Required:

(a) What is the current yield on the bonds?

(b) The YTM?

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Financial Management: One more time software has 94 percent coupon bonds on the

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Financial Management: One more time software has 94 percent coupon bonds on the

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