Which of the following bonds offers the highest current yield? a. A(n) 8.28%, 20-year bond...
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Which of the following bonds offers the highest current yield? a. A(n) 8.28%, 20-year bond quoted at 95.227 b. An) 13.80%, 15-year bond quoted at 158.711 C. A(n) 4.14%, 18-year bond quoted at 47.613. The current yield of the bond in part a is %. (Round to two decimal places.) The current yield of the bond in part b is %. (Round to two decimal places.) The current yield of the bond in part c is %. (Round to two decimal places.) Which of the three bonds offers the highest current yield? (Select the best answer below.) O A. The bond in part b has the highest current yield because it has the highest coupon rate and the highest market value. OB. The bond in part a has the highest current yield because it is held for the longest period of time. O C. All of the above bonds have a current yield of approximately 8.70%
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