What is the current yield on the bonds the ytm the


One More Time Software has 8.6 percent coupon bonds on the market with 19 years to maturity. The bonds make semiannual payments and currently sell for 85.8 percent of par.

What is the current yield on the bonds? The YTM? The effective annual yield or the EAR?

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Financial Management: What is the current yield on the bonds the ytm the
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