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Given the following bonds: Face Term (yrs) Coupon Price Bond A Bond B Bond C Bond D Bond E 17,000.00 23,000.00 12,000.00 18,000.00 21,000.00 17

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Given the following bonds: Face Term (yrs) Coupon Price Bond A Bond B Bond C Bond D Bond E 17,000.00 23,000.00 12,000.00 18,000.00 21,000.00 17 24 16 13 21 0.750% 0.500% 6.250% 0.750% 1.750% $15,455.22 $18,584.58 $20,676.46 $16,613.80 $21,942.73 Find the bond with the highest yield (compounded semi-annually). O a. Bond A. O b. Bond E. O c. Bond B. O d. Bond D. e. Bond C

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