Business
Business, 11.03.2020 00:23, bri1710

Bourdon Software has 6.4 percent coupon bonds on the market with 18 years to maturity. The bonds make semiannual payments and currently sell for 106.8 percent of par.
What is the current yield on the bonds? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)

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Bourdon Software has 6.4 percent coupon bonds on the market with 18 years to maturity. The bonds mak...

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