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Which of the following bonds offers the highest current yield? a. A(n) 7.92%, 20-year bond quoted at 101.711. b. A(n) 13.20%, 15-year bond quoted at

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Which of the following bonds offers the highest current yield? a. A(n) 7.92%, 20-year bond quoted at 101.711. b. A(n) 13.20%, 15-year bond quoted at 169.519. c. A(n) 3.96%, 18-year bond quoted at 50.856. 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 cis % (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 7.79%. OB. 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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