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Which of the following bonds offers the highest current yield? a. A(n) 9.90%, 20-year bond quoted at 100.749. b. A(n) 16.50%, 15-year bond quoted at
Which of the following bonds offers the highest current yield? a. A(n) 9.90%, 20-year bond quoted at 100.749. b. A(n) 16.50%, 15-year bond quoted at 167.915. c. A(n) 4.95%, 18-year bond quoted at 50.375. The current yield of the bond in part a is % (Round to two decimal places.) The current yield of the bond in part bis %. (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.) O A. All of the above bonds have a current yield of approximately 9.83%. B. The bond in part a has the highest current yield because it is held for the longest period of time. OC. The bond in part b has the highest current yield because it has the highest coupon rate and the highest market value
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