An 18-year Telus bond with a coupon rate of 8.5%, paid semi-annually, was issued 8 years ago. Similar bonds are currently enjoying a yield to maturity of 7%. Based upon this information, the current yield is closest to: Select one: a. 7.68% O b. 8.50% c. 8.82% d. 8.91% O e. 9.00% Roxy Foods Inc. (RFI) has announced a "rights" offering to raise $30 million in the near future to expand into a new line of puppy chowders. RFI stock traded at $32 per share prior to the rights offering. There are currently 2 million shares outstanding. The subscription price for the new shares is $30 per share. What is the ex-rights price of RFI? Select one: O a. $31.00 O b. $31.33 O c. $32.52 O d. $32.67 O e. $33.00