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Bonds of Riverhawk Sport Authority (RSA) are selling in the market for $839.54.These bonds carry a 9 percent coupon paid semiannually, and have 20 years
Bonds of Riverhawk Sport Authority (RSA) are selling in the market for $839.54.These bonds carry a 9 percent coupon paid semiannually, and have 20 years remaining to maturity. What is the bond's yield to maturity?
A.9.50%
B.8.50%
C.10.00%
D.11.00%
E.9.00%
F.10.50%
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