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Which of the following bonds offers the highest current yield? a. A(n) 13.02%, 20-year bond quoted at 100.961. b, A(n) 21.70%, 15-year bond quoted at

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Which of the following bonds offers the highest current yield? a. A(n) 13.02%, 20-year bond quoted at 100.961. b, A(n) 21.70%, 15-year bond quoted at 168.269 C. A(n) 6.51%, 18-year bond quoted at 50.481. The current yield of the bond in part a is 11%. (Round to two decimal places.) The current yield of the bond in part b is 1%. (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.) 0 A. The bond in part a has the highest current yield because it is held for the longest period of time. O B. All of the above bonds have a current yield of approximately 12.90%. C. 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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