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Bonds issued by XYZ have a par value of $1000, were priced at $1,220.00 six months ago, and are priced at $1,140.00 today. The bonds

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Bonds issued by XYZ have a par value of $1000, were priced at $1,220.00 six months ago, and are priced at $1,140.00 today. The bonds pay semi- annual coupons and just made a coupon payment. If the bonds had a percentage return over the past 6 months (from 6 months ago to today) of -1.20%, then what is the current yield of the bonds today? a, 11.47% (plus or minus 0.05 percentage points) b.10.71% (plus or minus 0.05 percentage points) c. 12.51% (plus or minus 0,05 percentage points) d. 9.54% (plus or minus 0.05 percentage points) e. None of the above is within 0.05 percentage points of the correct

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