10. Goldenrod Co. has annual coupon bonds outstanding with a coupon interest rate of 7.4%. The bonds have a $1,000 par value and 19 years to maturity. If the annual required return on the bonds is 5.5%, what is the approximate current yield on the bonds? O a. 5.75% b. 5.90% c. 6.06% d. 7.14% e. 11.00%