If your primary goal is current yield, which one of these bonds is the wiser investment? Bond A:… 1 answer below »

If your primary goal is current yield, which one of these bonds is the wiser investment? Bond A: $1,000 corporate bond that pays 7 percent and has a current market value of $800; or Bond B: $1,000 corporate bond that pays 8.25 percent and has a current market value of $950? Jan 05 2014 12:47 PM