Oak Bay Software has 9.6% coupon bonds on the market with 18 years to maturity....
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Finance
Oak Bay Software has 9.6% coupon bonds on the market with 18 years to maturity. The bonds make semiannual payments and currently sell for 107.2% of par.
What is the YTM? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)
YTM %
What is the effective annual yield? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)
Effective annual yield %
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