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Crane, Inc, has four-year bonds outstanding that pay a coupon rate of 7.0 percent and...

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Crane, Inc, has four-year bonds outstanding that pay a coupon rate of 7.0 percent and make coupon payments semiannually, If these bonds are currently selling at $918.29. What is the yield to maturity that an investor can expect to earn on these bonds? Assume face value is $1,000. (Round answer to 1 decimal place, es, 15.2% ) Yield to maturity % What is the effective annual yield? (Round answer to 1 decimal place, es. 15.2\%.) Effective annualyield

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