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Which of the following bonds offers the highest current yield? a. A(n) 11.16%, 20-year bond quoted at 96.266 b, A(n) 18.60%, 15-year bond quoted at
Which of the following bonds offers the highest current yield? a. A(n) 11.16%, 20-year bond quoted at 96.266 b, A(n) 18.60%, 15-year bond quoted at 160.443 C. A(n) 5.58%, 18-year bond quoted at 48.133. The current yield of the bond in part a is D%. (Round to two decimal places.) The current yield of the bond in part b is L196. (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. O B. O C. All of the above bonds have a current yield of approximately 11.59%. The bond in part b has the highest current yield because it has the highest coupon rate and the highest market value The bond in part a has the highest current yield because it is held for the longest period of time
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