Which of the following bonds offers the highest current yield? a. A(n) 9.50%, 20-year bond quoted at 97.750. b. A(n) 16.00%, 15-year bond quoted at 164.625. c. A(n) 5.25%, 18-year bond quoted at 54.000. Question content area bottom Part 1 The current yield of the bond in part a is enter your response here%. (Round to two decimal places.) Part 2 The current yield of the bond in part b is enter your response here%. (Round to two decimal places.) Part 3 The current yield of the bond in part c is enter your response here%. (Round to two decimal places.) Part 4 Which of the three bonds offers the highest current yield?(Select the best answer below.) A. The bond in part a has the highest current yield because it is held for the longest period of time. B. All of the above bonds have a current yield of approximately 9.72%. C. The bond in part b has the highest current yield because it has the highest coupon rate and the highest market value.

Which of the following bonds offers the highest current yield? a. A(n)9.50%,20-year bond quoted at 97.750. b. A(n)16.00%,15-year bond quoted at 164.625. c. A(n)5.25%,18-year bond quoted at 54.000. The current yield of the bond in part a is \%. (Round to two decimal places.) The current yield of the bond in part b is %. (Round to two decimal places.) The current yield of the bond in part c is \%. (Round to two decimal places.) Which of the three bonds offers the highest current yield? (Select the best answer below.) A. The bond in part a has the highest current yield because it is held for the longest perio B. All of the above bonds have a current yield of approximately 9.72%