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Oriole, inc. has four year bonds outstanding that pay a coupon rate of 6.2 percent...

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Finance

Oriole, inc. has four year bonds outstanding that pay a coupon rate of 6.2 percent and make coupon payments semiannually. if these bonds are currently selling at $920.29. What is the yield to maturity that an investor can expect to earn on these bonds? Assume the face value is $1,000. (Round answer to 1 Decimal place, e.g. 15.2%)

What is the effective annual yield? (round the answer to 1 decimal place, e.g. 15.2%)

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