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53. River Tours has 7.5 percent coupon bonds that pay interest semiannually. The face value of eachbond is $1,000 and the current market price is
53. River Tours has 7.5 percent coupon bonds that pay interest semiannually. The face value of eachbond is $1,000 and the current market price is $1,012.20. If the yield to maturity is 7.6 percent, how many years is it until these bonds mature? A. 8.22 years g 8.80 years C. 10.46 years D. 16.43 years E. 17.59 years
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