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Which of the following bonds offers the highest current yield? a. A 8.94%, 20-year bond quoted at 107.270. b. A 14.90%, 15-year bond quoted at

Which of the following bonds offers the highest current yield?

a. A 8.94%, 20-year bond quoted at 107.270.

b. A 14.90%, 15-year bond quoted at 178.784.

c. A 4.47%, 18-year bond quoted at 53.635.

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