Assume that an investor is looking at two bonds: Bond A is a 20-year, 12% (semiannual pay) bond that is priced to yield 12.5%. Bond B is a 20-year, 11% (annual pay) bond that is priced to yield 10.5%. Both bonds carry 5-year call deferments and call prices (in 5 years) of $1,070. a. Which bond has the higher current yield? b. Which bond has the higher YTM? c. Which bond has the higher YTC? a. The current yield of Bond Ais %. (Round to two decimal places.) The current yield of Bond B is 1%. (Round to wo decimal places.) Which bond has the higher current yield? (Select the best answer below.) O A. Bond A has a higher current yield of 12.45%. O B. Bond B has a higher current yield of 12.45%. b. The YTM of Bond Ais %. (Round to two decimal places.) The YTM of Bond Bis %. (Round to two decimal places.) Which bond has the higher YTM? (Select the best answer below.) O A. Bond A has a higher YTM of 12.5%. O B. Bond B has a higher YTM of 12.5% c. The YTC of Bond Ais%. (Round to two decimal places.) Click to select your answer(s). Assume that an investor is looking at two bonds: Bond A is a 20-year, 12% (semiannual pey) bond that is priced to yield 12.5%. Bond B is a 20-year, 11% (annual pay) bond that is priced to yield 10.5%. Both bonds carry 5-year call deferments and call prices (in 5 years) of $1,070. a. Which bond has the higher current yield? b. Which bond has the higher YTM? c. Which bond has the higher YTC? OB. Bond B has a higher current yield of 12.45%. b. The YTM of Bond Ais %. (Round to two decimal places.) The YTM of Bond Bis%. (Round to two decimal places. Which bond has the higher YTM? (Select the best answer below.) O A. Bond A has a higher YTM of 12.5%. O B. Bond B has a higher YTM of 12.5% e. The YTC of Bond A is %. (Round to two decimal places.) The YTC of Bond Bis % (Round to two decimal places.) Which bond has the higher YTC? (Select the best answer below.) O A. Bond A has a higher YTC of 14.05%. O B. Bond B has a higher YTC of 14.05%. Click to select your answer(s)