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Question 10 4 pts 10. Goldenrod Co. has annual coupon bonds outstanding with a coupon interest rate of 7.4%. The bonds have a $1,000 par

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Question 10 4 pts 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? a. 5.75% b. 5.90% c. 6.06% O d. 7.14% O e. 11.00% 4 pts

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