Business, 27.10.2020 17:20, ShianHagen5

PK Software has 8.8 percent coupon bonds on the market with 23 years to maturity. The bonds make semiannual payments and currently sell for 111.25 percent of par. What is the current yield on PK's bonds

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PK Software has 8.8 percent coupon bonds on the market with 23 years to maturity. The bonds make sem...