Three different bonds each pay annual coupons and are redeemable at par. All three bonds have the same term, price, and yield. - Alvin's bond has a face value of $120 and an annual coupon rate of 5.17% - Simon's bond has a face value of $105 and an annual coupon rate of 6.48% - Theodore's bond has a face value of $95 and an annual coupon rate of c. Find c. (A) 7.2% (B) 7.4% (C) 7.6% (D) 7.8% (E) 8.0%